Over 5,000 new homes have been approved to be built in UK in areas that are at the highest risk of flooding according to a new report released in November 2021.
With the number and the severity of natural calamities rising by the year, a new report published by the State Bank of India (SBI) has called for creating a national disaster pool for India.
Environmental issues are at the bottom of business leaders' concerns and set to fall further in 2022 according to specialist insurer Beazley's new report Spotlight on Environmental Risks.
Insurers are increasingly concerned about the implications of climate risk, with 95% confirming it will have a significant impact on portfolio construction over the next two years according to BlackRock's tenth annual Global Insurance Report.
Resilience to severe climate impacts will only be possible when existing systemic market failures are addressed according to a new report Risk & Resilience by Coalition for Climate Resilient Investment (CCRI).
Descartes Underwriting and Global Earthquake Model (GEM) Foundation will jointly develop new open-source hazard and risk assessment software, tools and data for parametric insurance coverage of earthquakes.
General insurers in India, China, Indonesia and Vietnam will take a gradual approach in reducing their exposure to coal or coal related industries according to a new report by Moody's Investors Service.
The impact of COVID, emerging digital business models and huge volumes of data are shaking up the traditional reinsurance ecosystem across Asia. How should the industry respond?
Over half of insurers identified geo-political risk as the most serious macro risk to their investment strategy, said Blackrock. This reflects the significance of the geopolitical implications of COVID-19, such as the US-China tensions, instability in emerging markets and the rising threat of major cyber attacks.
A new project to develop climate-smart insurance for micro, small and medium-sized enterprises (MSMEs) in the Philippines will be put in place with the support of Asian Development Bank (ADB). It will be administered through the Asia-Pacific Climate Finance Fund (ACliFF).