Tag Search Result

Show result per page
Page 1 of 141

Nat CAT tag returned 1401 results

  • South Korea: Floods expected to cost insurers over US$115m

    The estimated insurance losses from the unexpectedly severe floods earlier this month in South Korea will place pressure on the financial performance of the country's non-life insurers, Fitch Ratings says.

    Asia | 15 Aug 2022
  • UK heatwave unlikely without human-caused climate change

    Scientists from South Africa, Germany, France, Switzerland, New Zealand, Denmark, the USA and the UK have collaborated for a rapid scientific analysis to assess to what extent human-induced climate change altered the likelihood and intensity of the exceptional heat wave in July 2022 in UK.

    Asia Risk | 10 Aug 2022
  • Climate catastrophes are being ignored

    The worst possible climate change catastrophic scenarios, including collapse of society or the potential extinction of humans are being ignored according to a group of global scientists.

    Asia Risk | 10 Aug 2022
  • Australia: APRA-regulated institutions align well to guidance on managing climate-related financial risks

    More than 60 entities regulated by the Australian Prudential Regulation Authority (APRA) are generally aligning well to the regulator's guidance on managing the financial risks and opportunities that may arise from a changing climate, especially in the areas of governance and disclosure.

    Asia | 10 Aug 2022
  • Philippines: Regulator revises pricing schedules for Nat CAT risks

    Non-life insurers say that they welcome revised rating schedules for earthquake, typhoon and flood risks that will apply to new and renewed insurance policies from 1 November 2022. The rates had previously not been reviewed for the past 30 years.

    Asia | 09 Aug 2022
  • Australia: Nat CAT events rain on Suncorp's FY2022 financial results

    One of Australia's biggest financial services companies, Brisbane-headquartered Suncorp has announced that its insurance operations in Australia (dubbed 'Insurance Australia') reported profit after tax of A$174m ($122m) for the financial year ended 30 June 2022 (FY22), a 68.2% fall compared to FY21.

    Asia | 09 Aug 2022
  • UAE: Govt launches website for owners of vehicles damaged in floods

    The Ministry of Interior has launched a website for car owners in Fujairah to facilitate the filing of incident reports for their vehicles that were damaged last month by devastating floods.

    Middle East | 07 Aug 2022
  • APAC incurs $7bn in estimated CAT claims for 1H2022

    Global insured losses ($39bn) from natural disaster events in 1H2022 were above the 21st Century average, up 18%, according to preliminary estimates from Aon's 'Global Catastrophe Recap'. The report said losses were driven by persistent severe convective storm activity, predominantly in the US and Europe. Aon expects further loss development in the coming months as the full industry impact from several large events are realized.

    AIRPlus | 05 Aug 2022
  • Hong Kong: Insurance federation outlines progress of green insurance task force

    The Task Force on Green Insurance, formed by the Hong Kong Federation of Insurers (HKFI), is currently strategising efforts on climate data analysis and a climate reporting framework.

    Asia | 05 Aug 2022
  • Reinsurance: Swiss Re launches new investment advisory company

    Global reinsurance giant Swiss Re has launched a new investment advisory company and wholly owned subsidiary Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC), a SEC-registered investment adviser.

    Asia | 05 Aug 2022


    Follow Asia Insurance Review