Climate

3 in 4 corporates underestimate climate risks; key APAC markets show biggest gaps: FM

September 30 2025

The study highlights North India and coastal regions of China as areas where corporates most significantly underestimate flood and wind exposures.

aon-reveals-act-expansion-into-facultative-reinsurance-placements

Aon launches TPI Portfolio to help insurers assess transition risk and underwriting

September 24 2025

The tool aims to help insurers evaluate clients' decarbonisation progress using standardised data across hard-to-abate sectors.

pakistan-india-likely-to-suffer-single-digit-billion-dollar-losses-due-to-record-flooding-landslides-aon

Pakistan, India likely to suffer single-digit billion-dollar economic losses from record flooding, landslides: Aon

September 23 2025

Heavy monsoon rains since June have triggered catastrophic flooding and landslides across India and Pakistan, leaving more than 1,000 dead and hundreds of thousands displaced.

iccsc-unveils-new-action-plan-to-help-build-trust-in-singapores-insurance-sector

Carbon credit insurer Oka enters Singapore market following Lloyd’s approval

September 15 2025

Oka’s Singapore launch follows its 2024 expansion into Australia’s carbon insurance market.

Sompo partners with Momentick and JGC to offer satellite and drone-based methane monitoring for energy clients

September 15 2025

New offering combines Momentick's satellite imagery and JGC's drone-based measurements.

zurich-extends-climate-data-tool-in-asia-pacific

Zurich rolls out climate data tool in Asia Pacific

September 12 2025

The tool gives businesses and public bodies in Asia Pacific access to tailored climate risk data and expert advice.

chinese-insurers-dominate-global-race-to-underwrite-renewable-energy-as-apac-logs-premium-growth-iof

Chinese insurers outpace rivals in renewable energy insurance growth

September 11 2025

IOF data shows PICC posted US$89m in renewable energy premium growth.

japans-non-life-insurers-saw-solar-power-payouts-reach-us304m-due-to-disasters-theft-report

Japanese insurers see solar power claims payouts surge to US$304m due to nat cats, theft: Report

September 10 2025

Leading Japanese non-life insurers have seen a marked rise in solar power claims in fiscal 2024, with the trend expected to continue.

world-bank-philippines-to-launch-us70m-climate-risk-insurance-pool

World Bank to back US$70m co-insurance pool for Philippine agriculture

September 10 2025

The initiative aims to cover 750,000 farmers and fisherfolk in the country by 2030.

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.

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