A magnitude-7.8 earthquake struck southern Turkiye, near the northern border of Syria, at 04:17 local time yesterday.
A magnitude 7.8 earthquake struck southern Turkiye, near the northern border of Syria. The death toll has exceeded 2,300 in Turkiye and Syria and over 2,850 buildings have been destroyed.
One of Australia's biggest non-life insurers, IAG, has provided an update on the Auckland flooding and its estimated financial impact on IAG's guidance for the financial year ending 30 June 2023 (FY23), together with the preliminary financial results for the half-year ended 31 December 2022 (1H23).
Insurance pricing in the fourth quarter in Asia increased by 2%, the same as in the prior quarter, according to the 4Q2022 "Global Insurance Market Index" report released yesterday by leading global insurance broker Marsh.
With APAC's exposure to extreme weather events leading to unsustainable natural hazard losses and high inflation worsening them, reinsurers in the region will face challenges in their growth in 2023.
The Federal Government has commissioned an independent review into Australia's disaster funding arrangements, to ensure government investment in disaster funding is fit-for-purpose and effective in the face of increasingly frequent and more severe natural disasters.
Morocco is a regional leader in establishing channels to finance climate action, according to a new report from Green For South, a Toronto-based consultancy.
Climate change driven natural disasters caused global economic losses of $313bn in 2022, according to a new report by insurance broker Aon. Less than half of these losses were insured.
Ravaged by human disturbances, deforestation, drought and fires, over a third of the Amazon rainforest has been rapidly deteriorating according to two new studies which have raised concerns that the rainforest with a unique ecosystem may be approaching a point of no return.
A new ranking table of the top global universities has revealed that these institutions are failing to prepare graduates for a 1.5 degrees Celsius rise future.