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Sustainability tag returned 87 results

  • Secondary perils take an increasingly larger share of CAT losses

    Secondary peril events are becoming more impactful and generating an increasingly larger amount of insured losses, affecting the bottom lines of personal and commercial lines property underwriters, according to a new AM Best commentary.

    Asia Risk | 19 Jan 2022
  • Rainy days harm the economy

    Economic growth goes down when the number of wet days and days with extreme rainfall go up according to a new study by a team of scientists at Potsdam Institute for Climate Impact Research (PIK).

    Asia Risk | 19 Jan 2022
  • Lightning and floods were the top killers in 2021 in India

    Extreme weather events claimed 1750 lives in India in 2021. As many as 787 persons (45%) were killed due to lightning and thunderstorms followed by 759 (43%) due to floods, heavy rains and landslides.

    Asia Risk | 19 Jan 2022
  • UK banks asked to quantify climate risks

    Beginning 2022 Bank of England (BoE) will incorporate supervision of climate related financial risks into its core supervisory approach.

    Asia Risk | 19 Jan 2022
  • Germany: Call for state action in face of fast-rising risks

    Germany's Federal Association of Wholesale, Foreign Trade, Services (BGA) has said that while recent trade figures show a positive trend in German international business, big potential risks lie ahead, particularly in the supply chain.

    Asia Risk | 19 Jan 2022
  • New sources of volatility in a world of interconnected risks

    The last two years 2020 and 2021 and the instability caused by the COVID-19 pandemic, social unrest and the impact of climate change have highlighted how risks facing businesses are becoming increasingly volatile and interconnected according to Aon's 2021 Global Risk Management Survey.

    Asia Risk | 19 Jan 2022
  • Insurer launches glow green initiative

    Indian private life insurer, PNB MetLife has launched a 'Glow Green' initiative through which it will plant 40,000 saplings over the next three years in four eco-sensitive areas of the country.

    AIRPlus | 13 Jan 2022
  • To prepare better for flooding

    A new report offers a data-driven assessment of flood-related risks on the commercial market in the US.

    Asia Risk | 12 Jan 2022
  • Pandemic is here to stay, so learn to live with it

    UK risk management association Airmic has advised members to learn to live with pandemics and not expect things to return to normal anytime soon.

    Asia Risk | 12 Jan 2022
  • Economic cost of critical infrastructure disruptions

    A new study in the US has revealed that economic losses experienced in just a single day from disruptions could range from $8m to $250m depending on the length and severity of the incident.

    Asia Risk | 12 Jan 2022

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