Australian Climate Risk Index highlights the vulnerability of Australia’s power grid to climate change, with Western Australia and the Northern Territory facing the highest risk.
Rainfall in September and October falls to 71% and 65% below average respectively, with Bureau of Meteorology predicting sustained dry conditions as El Niño and associated risks takes hold.
The campaign releases seventh annual scorecard, with Australia's QBE highest ranked among Asia Pac (re)insurers, Japanese insurers middle of the pack, and Chinese insurers propping up the table.
Singapore Deputy PM and MAS chief Lawrence Wong says pilot will help insurers become more familiar with infrastructure investments and encourage them to allocate more of their portfolios to promising decarbonisation...
At the 2023 Global Insurance Forum, senior executives said the industry can do more for sustainability, with the chair of Zurich commenting, “We can contribute to a lot of solutions.”
