Managed retreat is often considered a last resort, but perhaps it is time to consider it as a powerful tool to adapt to rising sea levels, flooding and other climate change effects according to Zurich Insurance.
The German Supply Chain Due Diligence Act, which will come into effect in January 2023 is becoming a cause of concern for the various stakeholders in the insurance industry.
A new report has detailed the social and economic effects of climate-driven extreme heat through the prism of 12 cities, spanning six continents and covering an urban population of more than 123m.
Global insurers are innovating their investment approaches amidst rapidly-changing market conditions and focusing on resilient portfolio construction, liquidity management and integrated technology, according to BlackRock's 11th annual Global Insurance Report.
The results of the 2022 European Risk Manager Survey conducted by Federation of European Risk Management Association (FERMA) have been released.
The insurance sector needs to consider hiking the pricing of its products in response to the increase in the degree and size of risks that it covers, according to Dr Mohamed Farid, chairman of the Financial Regulatory Authority (FRA).
Hospitals and infrastructure including electricity, gas and water utilities are the most at risk according to a new report by the ratings agency Moody's.
The Reserve Bank of New Zealand (RBNZ) has issued its Interim Solvency Standard, after two years of planning and consultation with the insurance industry and other interested parties. The interim standard comes into force on 1 January 2023.
As part of a broader set of lessons learnt from the COVID-19 pandemic, the International Association of Insurance Supervisors (IAIS) and Access to Insurance Initiative (A2ii) have jointly published a note examining the role insurance supervisors could play in the design, development and implementation of insurance-based programmes for pandemic risk.
The Australian Prudential Regulation Authority (APRA) has finalised the capital framework for private health insurers. The framework takes effect from 1 July 2023.