New record of 142 global Nat Cat events globally, USD108 billion insured losses in 2023: Swiss Re

New record of 142 global Nat Cat events globally, USD108 billion insured losses in 2023: Swiss Re

Moses Ojeisekhoba, Swiss Re’s CEO Global Clients & Solutions, says: “As weather hazards intensify due to climate change, risk assessment and insurance premiums need to keep up with the fast-evolving risk landscape. Looking ahead, we must focus on...
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...