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  • As sea levels rise, tax base goes down

    By the year 2100 more than 1m properties in the US with a combined assessed value exceeding $108bn are projected to be at least partly submerged at high tide according to a new report from the risk advocacy not-for-profit body Climate Central.

    Asia Risk | 21 Sep 2022
  • Simultaneous climate events risk damaging interlinked socioeconomic systems

    The cascading effects of extreme weather - such as recent heat waves which combine heat and drought - and the interconnectedness of critical services and sectors has the potential to destabilise socioeconomic systems according to a new study.

    Asia Risk | 21 Sep 2022
  • Under-insuring against climate change is a major risk

    Climate change - and its accompanying threat to lives, property and well-being - is escalating and yet nations and businesses remain under-insured against environmental disasters according to Munich Re.

    Asia Risk | 21 Sep 2022
  • Natural disasters can wreak havoc on our brain

    New research has revealed that natural catastrophes may trigger or exacerbate attacks of incapacitating migraine in disaster victims.

    Asia Risk | 21 Sep 2022
  • Over-confidence in cyber risks is costly

    Senior corporate financial officers may be overconfident about their companies' ability to handle cyber security issues according to a new survey.

    Asia Risk | 21 Sep 2022
  • New dataset for physical risk exposure scores launched

    S&P Global Sustainable1 has launched an enhanced Physical Risk Exposure Scores and Financial Impact dataset to support companies, investors, governments and other stakeholders as they seek to understand and manage the physical and financial exposure of corporates and portfolios to climate change.

    Asia Risk | 21 Sep 2022
  • Nature-related risks and opportunities for insurance underwriting

    A new report seeks to raise awareness about the relevance of nature-related risks and opportunities for underwriters to explore how the insurance industry can properly account for nature in decision-making processes.

    AIRPlus | 21 Sep 2022
  • IUMI: Outlook for hull & machinery insurance deemed worrying

    There is concern over the long-term sustainability of the hull and machinery insurance sector, Mr Rama Chandran, chairperson of the Ocean Hull Committee of the International Union of Marine Insurance (IUMI).

    Asia | 21 Sep 2022
  • IUMI: War, inflation, energy costs & Nat CATs herald tougher 2022 for marine insurance business

    The growing climate emergency, the rise of protectionism affecting international trade and the emergence of data and technology as a driver of huge change in all sectors have different ramifications for the world, international trade and by extension the marine insurance sector, according to Mr Richard Turner, president of the International Union of Marine Insurance (IUMI).

    Asia | 21 Sep 2022
  • Voluntary carbon credit insurance product launched

    International insurance broker Howden has launched a carbon credit insurance product designed to give buyers and sellers of high-quality, verified carbon credits greater certainty and help the voluntary carbon market (VCM) grow to $50bn by 2030.

    AIRPlus | 15 Sep 2022


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