Over the past 25 years since the establishment of Allianz Reinsurance in Asia Pacific, the reinsurer has ...
Himalayas could lose 75% of ice by 2100 affecting billions
The glacier melt in the upper reaches of the Himalayas could be accelerated with a reported rate of 65% due to the rapid rise in surface temperatures according to a new report....
The glacier melt in the upper reaches of the Himalayas could be accelerated with a reported rate of 65% due to the rapid rise in surface temperatures according to a new report....
Article / 2 months ago
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 / 2 months ago
Australia: Insurance crisis brews amid extreme weather
Australia faces an emerging insurance crisis as extreme weather drives premiums higher and makes an increasing number of properties uninsurable, according...
Australia faces an emerging insurance crisis as extreme weather drives premiums higher and makes an increasing number of properties uninsurable, according...
Article / 3 months ago
As flood risk rises, populations abandon areas
New research has revealed the emergence of "Climate Abandonment Areas", which are locations that have lost population over the last two decades, from 2000 to 2020 due to climate...
New research has revealed the emergence of "Climate Abandonment Areas", which are locations that have lost population over the last two decades, from 2000 to 2020 due to climate...
Article / 4 months ago
New Zealand: 3 in 4 Kiwis rethink their financial risk in wake of catastrophic weather events
New Zealanders' attitudes to managing risk are changing, with levels of insurance up from 2022 and recent weather events prompting many people to...
New Zealanders' attitudes to managing risk are changing, with levels of insurance up from 2022 and recent weather events prompting many people to...
Article / 1 year ago
Marine: Insurers publish landmark climate report
Eight of the world's leading marine insurers have gathered and published client data to track their hull and machinery insurance portfolio's climate impact in a landmark climate...
Eight of the world's leading marine insurers have gathered and published client data to track their hull and machinery insurance portfolio's climate impact in a landmark climate...
Article / 1 year ago
Australia: Bigger flood and fire tests lie ahead
The severity and frequency of bushfires and riverine floods are increasing for Australia, says S&P Global Ratings (S&P) in a report....
The severity and frequency of bushfires and riverine floods are increasing for Australia, says S&P Global Ratings (S&P) in a report....
Article / 1 year ago
Malaysia: Bank Negara issues policy document on climate risk management
Bank Negara Malaysia (BNM), the central bank, has issued a policy document setting out principles and requirements on climate risk management and...
Bank Negara Malaysia (BNM), the central bank, has issued a policy document setting out principles and requirements on climate risk management and...
Article / 1 year ago
Shaping sustainability and building resilience in Asia
From lethal heatwaves in China, severe tropical storms in the Philippines to unprecedented floods in Pakistan, the devastating consequences and material impact of climate change is...
From lethal heatwaves in China, severe tropical storms in the Philippines to unprecedented floods in Pakistan, the devastating consequences and material impact of climate change is...
Article / 1 year ago
New Zealand: Too little being done by community despite climate change concerns
AMI, State and New Zealand Insurance's (NZI) latest Wild Weather Tracker reveals that 69% of New Zealanders are concerned about the impact of climate...
AMI, State and New Zealand Insurance's (NZI) latest Wild Weather Tracker reveals that 69% of New Zealanders are concerned about the impact of climate...
Article / 1 year ago