Australia's High Court ruled that wreck removal claims excluded under Australia's maritime reservations cannot be capped by reclassifying them as property damage.
The initiative uses a combination of insurance and technology, integrating big data, artificial intelligence, and IoT tools to enhance the monitoring and protection of ancient trees.
Gan Kim Yong, Singapore’s Deputy Prime Minister and Chair of MAS, unveiled plans to incentivise insurers' green infrastructure investments while expanding ILS market.
Experts at Hong Kong Fintech Week emphasised the role of insurers in addressing demographic and climate challenges through sustainability and risk prevention.
