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One-eighth of disaster losses in the region in 2023 are insured
Losses from natural disasters in the Asia-Pacific and Africa region totalled $64bn in 2023, slightly lower than the $66bn seen in the...
Jan 11, 20242 min read
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As insurers move away from climate risks, governments will need to step in
The accelerating climate change can increase the likelihood of widespread disruptions to the financial sector, including the insurance...
Dec 8, 20232 min read
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Climate change impacts insurance affordability
The fragility of our world order and the hazards inherent in an increasingly interconnected world have been highlighted by events such as...
Dec 6, 20232 min read
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Extreme weather tops risks to watch by 2030
A new survey has revealed that for the first time, businesses are more concerned about extreme weather affecting operations in 2030 than...
Dec 1, 20232 min read
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Government insurer taps Japanese help to protect public assets against disasters
The Government Service Insurance System (GSIS) is working with the Japan International Cooperation Agency (JICA) to improve the...
Nov 29, 20231 min read
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Over 1,000 companies set net-zero targets, but only 4% meet UN standards
Data from Net Zero Tracker shows that over 1000 large companies have set net-zero targets, however, only 4% of these commitments meet...
Nov 22, 20231 min read
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Insurers continue to back fossil fuel production
Most of the insurers continue to support projects to increase oil and gas production, even though climate scientists and experts agree...
Nov 16, 20231 min read
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Coastal communities at risk of becoming uninsurable
A new analytical report anticipates increased reliance on government insurance programmes as insurers exit catastrophe-prone states in...
Nov 9, 20232 min read
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