by AIP Online Bureau | Dec 28, 2024 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“Over the last few years, we have taken several incremental measures in this direction. It started with the setting up a dedicated group within the Bank to assess climate change risks and foster a robust ecosystem for sustainable finance,” said Reserve Bank of India...
by AIP Online Bureau | Dec 26, 2024 | Eco/Invest/Demography, International News, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Cat bonds continue to pay out more than many fixed-income assets. This year, investors are on track to earn returns of 16%, compared with a record 20% in 2023 Catastrophe-bond issuance rose to a record this year, increasing the overall market to almost $50 billion, as...
by AIP Online Bureau | Dec 7, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Extreme weather events featured in the G20’s top five risks, as the fifth biggest risk. This follows a year in which many G20 countries – including Brazil, Germany, Indonesia and the U.S. – experienced severe flooding, above-average rainfall, wildfires, extreme heat...
by AIP Online Bureau | Dec 5, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Jérôme Jean Haegeli, Swiss Re’s Group Chief Economist, says: “Economic development continues to be the main driver of the rise in insured losses resulting from floods, but also other perils, seen over many decades. However, with natural catastrophe risks...
by AIP Online Bureau | Dec 4, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
The climate-specific vulnerabilities’ interplay with real economy and financial sector vulnerabilities can lead to financial stability risks, Reserve Bank Deputy Governor M Rajeshwar Rao said New Delhi: Reserve Bank Deputy Governor M Rajeshwar Rao has stressed on...
