Climate

Singapore launches Sustainable Finance Jobs Transformation Map

April 17 2024

Sustainable Finance JTM looks to better prepare Singapore's financial services sector for for sustainable finance opportunities.

singapore-mpa-receives-seven-insurance-proposals-for-electric-harbour-craft-initiative

Singapore Maritime and Port Authority receives seven insurance proposals for electric harbour craft initiative

April 12 2024

MPA's 2030 electric harbour vision gains momentum with seven insurance industry proposals.

zurich-insurance-group-to-halt-underwriting-new-oil-and-gas-projects-report

Zurich to stop underwriting new oil and gas projects - report

April 8 2024

Zurich tells Bloomberg it will stop underwriting new oil and gas projects to better align with its 2050 net-zero emissions goal.

Seven insurers among 15 institutions in Korea's first joint climate stress test

March 27 2024

The Bank of Korea and Financial Supervisory Service will conduct stress test, with findings used to steer country's low-carbon transition.

Marsh Asia appoints Alexander Pui as Senior VP for Climate and Sustainability Consulting

March 27 2024

Pui brings a distinguished background in climate risk and sustainability to his new role.

Climate change could force insurers to pull cover in Australia

March 14 2024

Extreme weather events could impact the level of insurance provision and customers’ ability to pay for policies.

hong-kong-launches-insurance-industry-climate-charter

Insurance Industry Climate Charter launched in Hong Kong

March 1 2024

The Hong Kong Federation of Insurers unveils Climate Charter tailored to the local industry and backed by 33 (re)insurers.

Philippines most exposed country globally to Nat Cat losses

March 1 2024

Asia Pac countries make up seven of the top 10 countries globally with the greatest economic exposure to climate change.

ICA backs Australian plan to bring in climate disclosure standards by 2027

February 22 2024

Australian emissions disclosure plans would see standards implemented ahead of other Asia Pacific developed economies such as Hong Kong and Singapore.

zurich-malaysia-taking-proactive-action-to-enhance-climate-strategy-report

Zurich Malaysia CEO outlines proactive approach to climate strategy - report

February 21 2024

Junior Cho spoke about some proactive steps insurer is taking amid increasing climate-related disclosures requirements.

axis-capital-to-launch-new-lloyds-syndicate-for-energy-transition

AXIS Capital to launch Lloyd's Syndicate for energy transition

December 15 2023

Energy Resilience Syndicate 2050 aims to launch in April 2024, providing capacity across the lifecycle of new energy projects.

cop28-agreement-on-loss-and-damage-fund-paves-way-to-firm-up-insurance-mechanics

COP28 agreement on 'loss and damage' fund paves way for insurance contributions

December 1 2023

President of COP28, Sultan Al Jaber, announces operationalisation of US$400m fund, with insurers set to play their part.

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