by AIP Online Bureau | Mar 13, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
“The loss of winter snow and the increasing late-season storms that heighten flood risks is a one-two suckerpunch that underscores the urgent need to respond to the far-reaching impacts of climate change in this sensitive region,” Kieran Hunt and a...
by AIP Online Bureau | Jan 5, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In South Asia, Bangladesh is the most prone to the risk of flooding. The materialisation of climate risks in these regions could lead to high economic losses. The cost of relocation from flood-prone areas and rebuilding following floods could be high, leading to...
by AIP Online Bureau | Dec 30, 2023 | International News, Non-Life, Reinsurance
The U.K. has been battered by strong, gusty winds and heavy rain brought by Storm Gerrit throughout the holiday period. More stormy weather and travel disruption is expected during the last weekend of the year The holiday travel plans of hundreds of people were...
by AIP Online Bureau | Jan 30, 2023 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
Citi in a research note observed that IAG’s exposure to the floods in Auckland, which could be potentially as much as A$236 million, is “much greater” than Suncorp’s NZ$50 million cap Major insurers operating in New Zealand including Insurance Australia Group and...
by AIP Online Bureau | Aug 30, 2022 | Climate, Environment, Renewable Energy, Editorial, International News, Non-Life, Reinsurance
The recent flood in Pakistan is actually an outcome of the climate catastrophe … that was looming very large. The kind of incessant rainfall that has happened … has been unprecedented,”said Anjal Prakash, a research director at India’s Bharti Institute of...
