Qatar's insurance industry will launch climate insurance products, according to the Qatar Central Bank's (QCB) recently launched its third financial sector strategy.
The Middle East and North Africa (MENA) region could create 10m new jobs, and accelerate GDP to 7.2% and employment to 5.3% in less than three decades, through strong industrial and climate development policies, according to a study by the International Labour Organization (ILO) and the Islamic Development Bank (IsDB).
Recent drought related data based on new research in the last few years and compiled by UN Convention to Combat Desertification (UNCCD) points to "an unprecedented emergency on a planetary scale, where the massive impacts of human-induced droughts are only starting to unfold."
Members of Insure Our Future campaign have asked the global insurance industry to take immediate action to slow the climate crisis and support the urgent transition from fossil fuels to renewables.
A new whitepaper published by Gallagher Re reveals that over 50% of businesses have experienced disruptions in their production networks due to extreme weather events, highlighting the fragility of global supply chains.
Small island developing states and other vulnerable countries are facing overwhelming threats from extreme climate events such as droughts, tropical cyclones and floods according to a new study.
Nearly 229,500 properties in Australia are exposed to a 1-in-20 year flood risk according to new data analysis released by the Insurance Council of Australia (ICA).
New data analysis published by the Insurance Council of Australia (ICA) shows that nearly a quarter of a million properties in Australia are exposed to 1-in-20-year flood risk.
The Insurance Authority (IA) yesterday released claims statistics in relation to the two extreme weather events in early September 2023 - Typhoon Saola and a black rainstorm. According to the data collected from the insurance industry, the total gross claims incurred reached HK$1.9bn ($243m).
Cities in the Asia and Pacific region are vulnerable to climate change due to their geography and particular exposure to natural catastrophes and increasingly extreme weather events, says The Resilient Cities Index 2023 report, released by Tokio Marine Group and the research and business intelligence house, Economist Impact.