Asean Renewable Energy Pool is a pivotal move to help insure and promote renewable energy development in a region highly exposed to the impacts of climate change.
Global marine premiums rise to US$35.8bn amid China's ascent in shipping tonnage, though Asia's growth lags due to weaker currencies and economic headwinds.
Reuters reports that France and U.S. will propose ban on new coal-fired power plants at COP28, potentially disrupting global energy and insurance sectors while facing opposition from coal-dependent nations...
Australian Climate Risk Index highlights the vulnerability of Australia’s power grid to climate change, with Western Australia and the Northern Territory facing the highest risk.
GIC Re and P&C insurers deliberate reallocating portion of 150bn rupee (US$1.8bn) terrorism pool toward mitigation of risks related to nuclear energy and sanctioned imports.