Energy and natural resources companies have said that they face challenges getting the right insurance, according to Willis' "Global Clean Energy Survey 2025" released on 12 March.
Marsh Specialty has appointed Mr Andrew George as president. He will also join the Marsh Executive Committee.
China and UNDP have launched the 'Tailored Intelligence for Actionable Early Warning Systems' (TIAEWS) project for Pakistan. The initiative aims to strengthen Pakistan's capacity to anticipate and respond to climate change impacts and become more resilient.
AXA Hong Kong and Macau (AXA) launched the AXA Climate School in 2022, aiming to empower young talents in Hong Kong, who are eager to expand their knowledge of sustainability.
One in two New Zealanders is of the opinion that the government should invest more to protect people and properties from extreme weather events.
QBE Insurance New Zealand (QBE) has announced a new partnership with Conservation Volunteers New Zealand (CVNZ) to drive hands-on environmental action and contribute towards biodiversity restoration and climate resilience efforts across the country.
The rise in ESG investing has increased concern over businesses overstating the sustainable credentials of their products and services without a credible basis for doing so - also called "greenwashing" or "climate-washing". As more companies and funds are required or expected to disclose the environmental impact of their activities and investments, the days of 'getting away' with greenwashing are numbered.
Climate risk "is systematic, with global effects", according to Ortec Finance investment solutions director Saiyan Raja.
MSIG Asia and The RiskPoint Group have formed a strategic partnership to enhance renewable energy insurance across Asia Pacific.
The Insurance Council of New Zealand Te Kahui Inihua o Aotearoa (ICNZ) has welcomed the New Zealand government's commitment to introduce a legislation in parliament in 2025 on a climate adaptation framework. This would help prepare New Zealanders for the impact of climate change on lives, property and communities.