The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12...
New Zealand: Tower to extend parametric insurance to five Pacific markets
Listed general insurer Tower plans to offer parametric insurance across five Pacific territories by the financial year ending 30 September 2025 (FY2025), said...
Listed general insurer Tower plans to offer parametric insurance across five Pacific territories by the financial year ending 30 September 2025 (FY2025), said...
Article / 25 days ago
Australia: Unpredictable weather behind farmers' move to parametric insurance
Due to increasingly unpredictable weather phenomena in Australia, parametric insurance is emerging as a "viable option for the nation's farmers", according to Descartes...
Due to increasingly unpredictable weather phenomena in Australia, parametric insurance is emerging as a "viable option for the nation's farmers", according to Descartes...
Article / 1 month ago
Insurance capacity swirling in the eye of the storm
Home to almost one-third of the world’s annual tropical cyclones, Asia Pacific represents one of the most active windstorm regions in the world.
Home to almost one-third of the world’s annual tropical cyclones, Asia Pacific represents one of the most active windstorm regions in the world.
Article / 1 year ago
Australia: Actuaries Institute's index shows extreme weather marks 42 of 43 seasons
The Actuaries Institute's Climate Index shows that 42 of the last 43 seasons recorded extreme weather, including high or low temperatures, high rainfall, strong wind, dry days or rising sea levels....
The Actuaries Institute's Climate Index shows that 42 of the last 43 seasons recorded extreme weather, including high or low temperatures, high rainfall, strong wind, dry days or rising sea levels....
Article / 2 years ago
Australia: Insurers say Queensland Budget misses opportunity to invest in mitigation
The Insurance Council of Australia (ICA) yesterday said that the Queensland Government's Budget announcement...
The Insurance Council of Australia (ICA) yesterday said that the Queensland Government's Budget announcement...
Article / 3 years ago
South Asia: Deadly heat waves will be common in the region
People living in South Asia already experience potentially deadly heat waves, but these events...
People living in South Asia already experience potentially deadly heat waves, but these events...
Article / 3 years ago
SIRC Daily - Day 2
The purpose of (re)insurance is to make the world more resilient - but when it comes to cyber and pandemics, the industry cannot carry the risk by itself
The purpose of (re)insurance is to make the world more resilient - but when it comes to cyber and pandemics, the industry cannot carry the risk by itself
Article / 3 years ago
Taiwan: Climate Service Alliance formed by private and public sector partners
Entities hailing from both the public and private sectors have formed an alliance to support the rise of weather-related businesses in Taiwan...
Entities hailing from both the public and private sectors have formed an alliance to support the rise of weather-related businesses in Taiwan...
Article / 3 years ago
India: Heatwaves will intensify four-fold by 2100 - govt report
The average temperature over India is projected to rise by approximately 4.4°C relative to the recent past (1976-2005 average) by the end of this century...
The average temperature over India is projected to rise by approximately 4.4°C relative to the recent past (1976-2005 average) by the end of this century...
Article / 4 years ago
Australia: Regulators will need to decide nature of parametric products
Regulators will have to determine their approach towards parametric products as these have become established internationally as a significant product...
Regulators will have to determine their approach towards parametric products as these have become established internationally as a significant product...
Article / 4 years ago