Climate Insurance

Natural disasters steer Asia Pacific towards parametric insurance

Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
5 days ago

Natural disasters steer Asia Pacific towards parametric insurance

Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
5 days ago

Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re

Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth

Generali, UNDP collaborate to boost SME strength against climate and other risks

The partnership is aimed to reduce the protection gap for vulnerable communities by providing access to insurance solutions.

Asia’s insurance and banking titans pledge climate action

Insurance and banking leaders join forces to tackle climate change, emphasising the need for sustainable investments and inclusive transition strategies.

Over 18,000 new claims filed after recent Australian catastrophes

Insurers have already closed 28% of claims, paying out AU$171m

Malayan Insurance upgrades catastrophe risk analytics with Moody's modeller

The insurer said it aims to gain a comprehensive understanding of risks across regions and perils. 

ASEAN forms reinsurance committee to tackle climate risks

The insurance industry’s snail pace in providing capacity for RE projects, the committee aims to jumpstart the progress.

Fishery experts recommends climate insurance for Indian fishermen

This could help mitigate risk following natural calamities.