Economic losses from natural disasters in APAC last year totalled at least $76bn, which is 41% below the 21st-century average, according to a new report by Aon.
Degrading ecosystems are increasing climate-related risks and coupled with nature loss and climate change are contributing to rising uninsured losses across advanced economies according to a new report.
Two major French (re) insurance groups, SCOR and AXA, have launched a new Lloyd's of London consortium dedicated to advancing ecological restoration. The consortium aims to unlock financing for ecological restoration projects by de-risking the associated investment opportunities.
The Financial Services Authority (FSA) yesterday issued an administrative decision approving new regulatory amendments to the Unified Motor Insurance Policy Model, introducing a package of benefits aimed at expanding insurance protection for motor insurance policyholders and enhancing the quality of services provided.
The Indian insurance sector is poised for robust mid-term growth, supported by solid macroeconomic fundamentals and rising consumer demand, according to Swiss Re's report "India's Economic and Insurance Market Outlook 2026 2030: Resilient and Rising Amid Global Shifts".
The agricultural sector in Algeria is currently working to expand agricultural insurance coverage to include the various natural disasters resulting from climate change, the Minister of Agriculture, Rural Development and Fisheries, Yacine El-Mahdi Oualid, said.
The current bushfires in Australia that have impacted 18 Local Government Areas across the state of Victoria since 7 January 2026 have now been escalated from 'Significant Event' to 'Insurance Catastrophe'.
A new report has said that without action, global warming is now likely to reach 2°C before 2050. This is a level associated with catastrophic impacts on societies and economies worldwide, with major disruption to water and food systems, migration, and human health.
Heatwaves, wildfires, droughts, and storms cost the world more than $120bn in 2025 and fossil fuel companies are playing a central role in driving this crisis according to a new report by Christian Aid.
The Philippines has long been exposed to climate hazards, from typhoons to floods and earthquakes, due to its geographical location. While the insurance market is stronger than a decade ago, extreme events still test claims operations and the resilience of weaker carriers. To address this, Southeast Asia is developing innovative risk-financing solutions that the Philippines can adopt or scale, says the Philippine Insurers and Reinsurers Association (PIRA) Executive Director, Michael Rellosa.