Australia Extreme Weather
Nearly 9 in 10 Australian insurers commit to net-zero targets by 2050
Nearly 9 in 10 Australian insurers commit to net-zero targets by 2050
Extreme weather events cost homeowners approximately $4b annually.
ICA backs Senate's recommendations on climate risk impact on insurance premiums
Insured losses reached $2.19b between 2023 and 2024 due to four extreme weather events.
ICA urges Australian governments to double Federal funding to AU$200m a year
The council said this will help make the country more resilient against extreme weather.
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Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.
Commentary
Ageing populations and rising mortality main concerns for life insurers and reinsurers