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  • Aon launches data-driven insurer pricing platform

    Aon, a leading global professional services firm, yesterday announced the launch of its Pricing Platform, a software solution that aims to provide insurers with a competitive advantage through better risk selection and meaningful analytics to drive company performance.

    Asia | 09 Jun 2023
  • Earth is now in ecological danger zone

    Earth is in 'the danger zone' as the planet's climate is beyond the harmful levels for humans, though not quite past the safety guideline for the planet as a system according to a new study by Swedish group Earth Commission.

    Asia Risk | 07 Jun 2023
  • Biodiversity to tackle climate change

    Investors have developed strategies around climate-related risks, policies and disclosures, but haven't put the same level of focus on biodiversity and nature-related risks according to Aon's The One Brief weblog.

    Asia Risk | 07 Jun 2023
  • Despite ESG challenges, significant opportunities for growth exist

    As climate-related natural catastrophes make parts of the world uninsurable, insurers are also facing twin pressures from regulators and demanding customer base. Insurance options for carbon intensive companies are also shrinking. New solutions do offer a way forward but more needs to be done by the insurers.

    Asia Risk | 07 Jun 2023
  • Semiconductor shortage biggest supply chain risk

    The still continuing global shortage of semiconductors is perhaps the biggest supply chain risk of 2023 according to a new report by the insurer QBE. This problem sprouted after supply couldn't meet with demand during the pandemic.

    Asia Risk | 07 Jun 2023
  • Amid insurers' tough approach, claim disputes hit new high

    Claim disputes have hit a new high as insurers continue to take a tough attitude to claim payouts, a feature of the hard market, the industry has been going through since 2019 according to the latest Mactavish Claim Litigation Index

    Asia Risk | 07 Jun 2023
  • Cyber insurance market set to double by 2027

    The global cyber insurance market is predicted to double in size in the next four years according to a new analysis released by analytics company GlobalData.

    Asia Risk | 07 Jun 2023
  • Fires, shadow tanker fleet and economic uncertainty pose new safety challenges in shipping

    A combination of factors impacting fire risk, ongoing and new threats posed by the ripple effects of the Ukraine conflict, decarbonisation challenges, economic uncertainty, as well as the rising cost of marine claims, means the shipping sector still has plenty of obstacles to navigate over the next 12 months and beyond, according to insurer Allianz Global Corporate & Specialty SE's (AGCS) "Safety & Shipping Review 2023".

    Asia | 06 Jun 2023
  • 1 June property-CAT reinsurance pricing continues to harden

    Global reinsurance broker Howden Tiger has announced continued rate hardening in the reinsurance market, with risk-adjusted property-catastrophe pricing up 33% on average at 1 June, within a typical range of 25% to 40% including important variations by layer.

    Asia | 05 Jun 2023
  • Cyber (re)insurance's greatest challenge lies in attracting sufficient capital

    Despite the recent material inflow of capacity into the market, cyber (re)insurance's greatest challenge lies in attracting sufficient levels of capital, says Gallagher Re, global reinsurance broker, in a newly released white paper.

    Asia | 02 Jun 2023

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