The causes fueling the climate crisis are receiving 20 times more financing than the solutions according to a new report by ActionAid.
Around 98% of India's senior citizen population remains without health insurance according to a new survey by Indian InsurTech Plum.
The APAC region continues to grapple with challenging economic conditions, prominent concerns revolving around China's sluggish economic indicators and amplified by increased financing costs in major economies and weakened external demand according to a new analysis by GlobalData.
One in six asset and wealth management firms globally are expected to be 'swallowed up' or fall by the wayside by 2027 due to 'existential challenges' according to a new global survey by professional services firm PwC.
World's largest asset managers are failing to use their influence to stem the dual crisis of biodiversity loss and climate change according to a new survey conducted by ShareAction, a UK charity that works for responsible investments.
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
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.
Australian Prudential Regulation Authority chair John Lonsdale has said during a review of the sector's cyber security the authority has discovered inadequate oversight from institutions' boards and a 'lack of rigour' in testing security controls.
The 93 member strong Institutional Investors Group on Climate Change (IIGCC) is pressurising major corporates to publish their viable net zero transition plans as a part of its net zero engagement initiative that aims to support investors aligning their portfolios with the goals of the Paris Agreement.
Hong Kong-based Peak Reinsurance has reported gross written premiums (GWPs) of $2,294.5m (FY2021: $2,144.7m) and a net loss of $79.8m for 2022 (FY2021: net profit of $73.2m), according to the consolidated financial statements of its parent company, Fosun International.