Climate

Climate risks could cost South Korean banks and insurers up to US$31bn: Bank of Korea

March 18 2025

Stress test indicates up to KRW45.7 trillion in combined losses by century's end without climate change policies.

singapore-ranks-fourth-globally-in-cyber-resilience-fm

Singapore ranks fourth globally for cyber in resilience index

March 17 2025

FM's risk assessment of 130 countries also shows Singapore ranks third for climate risk quality.

thailands-insurance-commission-to-conduct-2025-stress-test-assessing-global-nat-cat-risks

Thailand’s insurance commission to conduct 2025 stress test assessing geopolitical, nat-cat risks

March 14 2025

Initiative aims to strengthen insurers' solvency, liquidity, and long-term financial stability.

hdi-global-aims-to-support-businesses-in-managing-climate-risks-with-new-service

HDI Global launches Climate Consulting service

March 11 2025

The service aims to provide businesses with data-driven insights to manage and mitigate climate risks.

chinese-regulators-issue-plan-to-advance-green-finance-in-insurance

Chinese regulators urge insurers to focus on green products and investments

March 10 2025

New plan from NFRA and PBOC calls for insurers to support green transition, invest in green assets, and improve climate-risk assesments.

5,000 Indian Women benefit from Global Parametrics drought insurance in first year

January 24 2025

“We are thrilled to see this initiative set the stage for scalable, affordable, and efficient crop insurance solutions,” says Mark Rueegg, CEO of parent company CelsiusPro Group,

university-of-hong-kong-urges-insurance-and-policy-advancements-amid-growing-climate-risks

University of Hong Kong calls for expansion of insurance solutions amid growing climate risks

January 13 2025

HKU Business School paper outlines ideas to turn climate risks into economic growth opportunities.

zurich-resilience-solutions-goimpact-partner-to-address-climate-risks-in-asia-pacific

Zurich Resilience Solutions, GoImpact partner to help address climate risks in Asia Pacific

December 4 2024

Alliance aims to provide businesses with tools to address climate and supply chain vulnerabilities, with an initial focus on Hong Kong, Singapore, and Malaysia,

un-fit-launches-global-guide-for-insurers-net-zero-transition-plans-at-cop29

UN forum launches guide for insurers' net-zero transition plans at COP29

November 18 2024

UN Forum for Insurance Transition launches guidelines around managing climate risks, supporting sustainability, and driving actionable change.

Aon joins Asia Investor Group on Climate Change

November 7 2024

Aon aims to leverage its expertise in data and risk management to help enhance climate resilience and boost investments in renewable energy across Asia.

Listed Singapore insurers to start carbon emissions reporting in 2025

October 9 2024

Singapore Exchange mandates Scope 1 and 2 emissions disclosures for insurers by 2025, with Scope 3 implementation delayed.

More research needed to integrate impact of chronic climate change into underwriting

September 27 2024

Lots of cash has been invested to understand the acute impact of climate change, but chronic effects such as higher temperatures need more attention.

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