Climate reporting and AI are immediate growth opportunities for the actuarial profession, according to the incoming President of the Actuaries Institute, Mr Scott Reeves.
Ghana is moving from reactive disaster response to planned, predictable, and people-centred climate resilience, with the recent release of a sub-sovereign flood risk insurance product for the Greater Accra Metropolitan Area (GAMA).
Indian Finance Minister Ms Nirmala Sitharaman will present the country's Budget for the financial year ending 31 March 2027 (FY2027) to the Indian Parliament on 1 February 2026. The insurance industry expects a lot from this Budget, as it is already buoyed up by the recent reforms by the government.
Extreme weather events in Australia in 2025 cost almost A$3.5bn ($2.42bn) in insured losses from 264,000 claims according to new data released by Insurance Council of Australia (ICA).
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.