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Disaster & Management

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Yellen warns climate change could trigger asset value losses, harming US economy

Yellen warns climate change could trigger asset value losses, harming US economy

"As climate change intensifies, natural disasters and warming temperatures can lead to declines in asset values that could cascade through the financial system. And a delayed and disorderly transition to a net-zero economy can lead to shocks to the financial system as...

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Expected rise in strikes, riots and protests to test business resilience: Allianz

The heightened SRCC risk environment means businesses need to remain vigilant about the different threats such activity can pose. In addition to buildings or assets suffering costly material damage, operations can be severely disrupted, resulting in significant loss...

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UNCDF partners with Howden to build climate resilience for vulnerable communities in Fiji

The flagship programme has developed and deployed the Pacific region’s first parametric microinsurance products in Fiji, Tonga and Vanuatu. Suva, Fiji: The UN Capital Development Fund (UNCDF) announced international insurance broker Howden as a new addition to its...

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Demand for `International Insurance Programmes’ grow as APAC businesses expand beyond local borders:Aon

Natural catastrophe events continued to drive large losses and pressure marketconditions for property insurance.  Changes to the reinsurance market, including higher costs and retentions, and some coverage restrictions, will drive rate increases for both local...

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