Climate

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.

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.

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