Climate

File photo showing aerial view of local house in Chiang Rai after typhoon Yagi

Asia's catastrophe protection gap widens with only 12% of losses insured: Verisk

September 4 2025

Rising construction in high-risk areas and inflation are contributing to growing catastrophe exposure across Asia.

policybazaar-for-business-extends-reinsurance-footprint-to-south-asia-middle-east

India's Policybazaar for Business expands reinsurance footprint in South Asia, Middle East

September 3 2025

The company's reinsurance platform uses data analytics and digital tools to speed up placements and improve transparency for insurers in new markets.

csiro-ica-stress-governance-framework-guardrails-in-ai-adoption-for-australias-insurance-sector

CSIRO, ICA stress importance of governance framework, guardrails in AI adoption for Australia's insurance sector

August 26 2025

New CSIRO-ICA report outlines AI applications for rising premiums and climate risks, but warns transformation requires consumer protection safeguards.

QBE partners with Humanity Insured initiative, commits S$875,000 for Asia's climate-affected communities

July 28 2025

QBE will be Humanity Insured's first insurance partner to focus on Asia communities.

Construction costs, labour shortages keep Australian claims inflation elevated

July 14 2025

Rising costs and systemic delays are forcing insurers to reassess how they handle property and business interruption claims, says Crawford.

un-unveils-net-zero-transition-guide-for-reinsurers-brokers

Forum for Insurance Transition to Net Zero unveils net-zero transition guide for (re)insurers, brokers

July 14 2025

The guide features examples of de-risking the transition, climate adaptation, electric mobility, and other broader sustainability practices.

allianz-commercial-introduces-new-climate-risk-advisory-service

Allianz Commercial launches new climate resilience platform to support risk mitigation strategies

July 3 2025

Platform blends analytics and consultancy to guide climate risk planning and investment decisions.

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589,000 Australian properties at risk of becoming uninsurable, Climate Change Authority says

June 24 2025

CCA warns of mounting risks for Australian property owners as climate hazards drive insurance premiums and underinsurance to critical levels.

fathom-adds-future-climate-risks-in-global-flood-cat-model

Fathom adds future climate risk simulations to global flood cat model

June 18 2025

The upgrade enables insurers and financial institutions to assess flood exposure and losses under different climate scenarios up to 2100.

Aon, Moody’s add commercial risks to reinsurance casualty tie-up

May 22 2025

The partnership extends to climate-linked casualty and over 300 emerging risk perils.

state-run-new-india-assurance-to-release-climate-risk-cover-for-retailers-businesses-reports

New India Assurance to launch parametric insurance product in May: Reports

May 22 2025

State-run insurer is set to roll out a climate risk parametric insurance product for retail and business clients this month.

chubb-launches-new-specialty-business-to-underwrite-climate-tech-related-risks-in-australia

Chubb Australia launches Climate Tech practice for low-carbon industries

May 19 2025

Product provides cover for companies developing technologies that help address climate change.

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25 September