ESG

el-nino-threatens-asia-pacs-renewable-energy-wtw

El Niño threatens Asia Pac's renewable energy: WTW

August 7 2023

WTW analysis warns that El Niño caused wind drought and severe storms could impact the region's renewable energy production.

PERILS releases third loss estimate for Auckland Anniversary floods

August 4 2023

PERILS's latest estimate puts the New Zealand flood loss figure at NZ$2bn.

sp-chinas-severe-weather-events-to-increase-demand-for-nat-cat-insurance

S&P: China's severe weather events expected to increase demand for Nat Cat insurance

August 4 2023

Beijing experienced its worst rainfall for 140 years and S&P Global Ratings warned P&C insurers to anticipate increased demand amidst an underwriting hit.

Nat Cats elevate loss ratios in India's property insurance, but new products and legislation poised to drive growth

August 4 2023

Global Data expects nearly 11% CAGR from 2023 to 2027, but loss ratio is still expected to rise in the coming years.

regulator-encourages-australian-insurers-to-explore-ils-amid-challenging-market

Australian regulator encourages insurers to explore ILS amid challenging reinsurance market

August 3 2023

APRA reminded insurers to consider alternative reinsurance arrangements, including cat bonds and ILS, with a regulatory review set for 2023-2024.

Shielding Asia Pac's future: The rise of parametric insurance and its battle against nature's wrath

August 2 2023

Demand for parametric insurance is increasing, but challenges remain.

Taiwan's MSIG Mingtai to use Moody's RMS solutions to enhance disaster risk analytics

July 31 2023

MSIG Mingtai has adopted Moody's RMS solutions to enhance their earthquake and typhoon risk analytics models,.

philippines-to-propose-nation-indemnity-program-in-2024-budget-as-nation-recovers-from-typhoon-doksur-report

Philippines planning national indemnity scheme in 2024: Report

July 28 2023

The National Treasurer revealed the plan to Bloomberg after the country was hit by Typhoon Doksuri.

The Insurance Council of Australia backs inquiry into 2022 floods

July 19 2023

The 2022 floods caused a record AU$7.17bn ($4.8bn) of insured losses and the enquiry aims to improve the industry's response to extreme NatCat events.

sun-life-singapore-launches-its-philanthropic-pledge

Sun Life Singapore launches Philanthropic Pledge

July 18 2023

The partnership between Community Chest and Sun Life Singapore was formed in September 2022

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