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Technology tag returned 1445 results

  • Insurers and regulators must stand together to build resilience - MAS

    The insurance industry across ASEAN has adapted well to the changes forced by the COVID-19 crisis, which disrupted economies and financial markets, said Monetary Authority of Singapore assistant managing director Marcus Lim, at the ASEAN Insurance Summit on Wednesday morning.

    Asia | 28 Oct 2021
  • Insurance needs to change for social good

    A new report, Climate in Peril published by Howden insurance broker analyses a wide range of topics that include the science of climate change, increased loss frequency and severity, the power of insurance in incentivising 'better' behaviours through an ESG lens - alongside the opportunities presented by the transition to net-zero and the innovative use of insurance capital in the disaster relief space.

    Asia Risk | 27 Oct 2021
  • Lack of resources hampers responding to growing cyber threats

    Close to half (43%) of Singapore IT leaders say they are not 'fully confident' in their ability to respond to data, malware phishing, supply chain, ransomware, cloud, IoT and application attacks.

    Asia Risk | 27 Oct 2021
  • Over a quarter of all critical infrastructure is exposed to flood risk

    Over a quarter (25%) of all critical infrastructure in the US is at risk of becoming inoperable today and almost the same numbers (23%) of all road network (3.22m kms) of the country could become impassable due to floods according to the first ever nationwide community level flood resilience report titled the 3rd National Risk Assessment: Infrastructure on the Brink.

    Asia Risk | 27 Oct 2021
  • COP26 - climate change risk management framework and guidance

    Recognising the importance of environmental, social and governance (ESG) issues to global business and the pivotal role that risk managers will have in helping to address the climate crisis, the Institute of Risk Management (IRM) has published a guidance report focused solely on climate change for risk managers.

    Asia Risk | 27 Oct 2021
  • Insurers face near-term $100bn-plus Nat CAT loss per year

    Nat CAT losses are likely to cost the insurers an average of around $106bn annually in the short term. This compares with $75bn Nat CAT losses a year during the past decade.

    Asia Risk | 27 Oct 2021
  • Bermudian insurer strengthens fossil fuel underwriting and investment policy

    AXIS Capital Holdings, as a part of its commitment to support the transition to a low-carbon economy, has initiated several changes in its fossil fuel underwriting and investment policy related to thermal coal, oil sands and the Arctic National Wildlife Refuge.

    Asia Risk | 27 Oct 2021
  • Winners of inaugural SCI ASEAN Green Research Hackathon announced

    At the 4th ASEAN Insurance Summit organised by the ASEAN Insurance Council (AIC) and the Singapore College of Insurance (SCI) yesterday, overall winners of the inaugural SCI ASEAN Green Research Hackathon were announced.

    Asia | 27 Oct 2021
  • Sun Cable team to deliver the Australia-Asia PowerLink Project

    One of the world's largest renewable energy infrastructure projects, the A$30bn ($22.4bn) Australia-Asia PowerLink (AAPowerLink), which will supply renewable electricity to Darwin and Singapore, has reached another milestone with the announcement of the integrated project delivery team (IPDT).

    AIRPlus | 25 Oct 2021
  • Malaysia: Labuan IBFC aims to be Asia's leading digital-based financial gateway with Islamic finance capabilities

    Labuan International Business and Financial Centre (Labuan IBFC) is rapidly revolutionising its digital offerings, entrenching its commitment to become a facilitator of Asia's digital revolution, a key driver of the centre's success in recent years.

    Asia | 25 Oct 2021

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