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  • Property reinsurance premiums expected to increase by over 10% in Jan 2023

    Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, Fitch Ratings says.

    Asia | 25 Nov 2022
  • Descartes Underwriting hires chief revenue officer

    Descartes Underwriting has appointed Mr Louis Bollaert as chief revenue officer who will oversee expanding Descartes' corporate offering to climate-exposed markets globally. As the company reaches advanced stages of new product development, he will also manage the roll-out of expanded product lines and customer segments.

    People | 24 Nov 2022
  • Major trends in marine insurance claims

    Fire, collision and sinking, and damaged cargo are the top causes of marine insurance losses by value according to Allianz Global Corporate & Specialty's (AGCS) analysis of more than 240,000 claims worth EUR9.2bn in value.

    AIRPlus | 24 Nov 2022
  • Majority of digital healthcare claims wouldn't be covered under traditional policies

    Over two-thirds (70%) of claims from digital healthcare presently come from areas which would not be covered under traditional medical policies or traditional malpractice solutions according to a new report by CFC Underwriting.

    Asia Risk | 23 Nov 2022
  • A third of people face life in climate hotspots

    Climate change impacts - from slow-moving crises such as drought and sea level rise to weather disasters - are increasingly displacing people from their homes and worsening conflict threats according to scientists at the COP27 UN Climate Talks.

    Asia Risk | 23 Nov 2022
  • Increasing cyber attacks call for improving cyber resilience

    Unprecedented digitalisation in our society has pushed many business leaders and executives to understand how they can adequately assess and govern cyber risk according to a new blog by World Economic Forum (WEF).

    Asia Risk | 23 Nov 2022
  • Nearly all companies will miss net-zero targets by 2030

    A growing number of the world's largest companies are setting net zero targets, but nearly all of them could fail to meet these commitments unless they double their emissions reduction rates, according to a new report by consulting firm Accenture.

    Asia Risk | 23 Nov 2022
  • UK: Long-term sickness and mental health issues put half a million out of work

    Between June and August 2022 around 2.5m people in the UK have reported long-term sickness and mental health issues as the main reason for economic inactivity, up from around 2m in 2019 according to a new analysis by the Office for National Statistics (ONS).

    Asia Risk | 23 Nov 2022
  • Climate risks could impair long-term viability of world's waterways

    The future of some of the world's most important shipping lanes - including the Suez and Panama canals and other sea-facing port and terminal infrastructure - could be impaired from risks associated with climate change according to a new paper published by Marsh.

    Asia Risk | 16 Nov 2022
  • ESG, risk and the role of risk managers

    Risk managers have a clear role to play in developing and managing ESG strategies for their organisations, but work is needed to define where best to focus efforts according to a new survey conducted by WTW.

    Asia Risk | 16 Nov 2022

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