Category:

Climate, Environment, Renewable Energy

Higher reinsurance costs and growing catastrophe budgets to erode profits of Asia-Pacific insurers: S&P

Higher reinsurance costs and growing catastrophe budgets to erode profits of Asia-Pacific insurers: S&P

"With central banks across Asia-Pacific looking to adjust interest rates at different times, relative value of assets and returns, as well as hedging costs, could move," said Craig Bennett, credit analyst at S&P Global Ratings Melbourne: International rating...

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Fast-growing Asian economies China, India,Thailand and  Philippines most vulnerable to climate change: Swiss Re Report

Fast-growing Asian economies China, India,Thailand and Philippines most vulnerable to climate change: Swiss Re Report

Risk reduction through adaptation fosters insurability. The insurance industry is ready to play an important role by catalysing investments in adaptation, directly as a long-term investor and indirectly through underwriting climate-supportive projects and sharing risk...

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Govt involvement necessary to manage rising global CAT and Cyber risks: Munich Re

The private sector cannot provide cover for the greatest systemic cyber risks, such as the failure of critical infrastructure or cyber war. But a potential solution to this complex problem is a governmental backstop – a precautionary measure of last resort, Munich Re...

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Houthi attacks has led to an “environmental disaster” in the Red Sea, US says

The Houthi assaults have continued despite waves of airstrikes by the US and the UK The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster” in the Red Sea, US Central Command said Friday evening. Hours...

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