Climate Insurance
CEO says Malaysian insurers face uninsurable risks as compliance focus grows
CEO says Malaysian insurers face uninsurable risks as compliance focus grows
He says risk management has drifted from core underwriting toward compliance functions.
2 days ago
How can APAC insurers close the gap on climate risk readiness?
Physical climate risk is now seen as a wider financial threat beyond underwriting.
4 days ago
APAC disaster risks push parametric market to $23b this year
Regional vulnerability to hurricanes and earthquakes accelerates fastest global growth rates.
Severe storms drive $60b in insured catastrophe losses
Hail events dominate payouts, accounting for up to 80% of related claims.
SEADRIF, AHA Centre partner on ASEAN disaster financing
The pact links emergency response systems with financial protection mechanisms.
AXA Climate deepens Fathom tie-up as climate risks rise
The companies said the added modelling is meant to support portfolio level hazard analysis.
24 of 38 OECD nations insure less than half of disaster losses
The organisation studied hazard exposure and consumer risks across 60 jurisdictions.
APAC protection gap leaves $77b losses uninsured
Regional claims trailed the US total of $100b despite repeated catastrophes.
Malaysia flood cover drops to 0.25% as hazard risk intensifies
Insurers warn exposure may now be scaling faster than premium income.
Insured catastrophe losses top $100b for sixth straight year
Global settlement figures declined by $40b compared to the record highs seen during 2024.
Catastrophe losses strain reinsurers as 6-year $100b streak persists
Contract structures kept higher attachment points though some exclusions tightened.
Malaysia insurers must confront catastrophe risk spike for 2026 report
Over one-third of respondent identified extreme weather events as their top risk.
Chinese insurers' earnings recover as Fitch cites tighter commission controls
Major insurers report YoY earnings improvements despite ongoing tariff and trade tensions.
Insured losses hit $127b as convective storms beat cyclones
The Myanmar earthquake was the deadliest global event except for heatwaves.
Howden Re flags Asia, Europe as top loss drivers
28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
Swiss Re overhauls flood model with Fathom data
Work follows Swiss Re’s December 2023 acquisition of Fathom.
Insured losses top $108b as disasters strain insurers
Economic damage reached about $224b, with most impacts in highly protected regions.
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1. Malaysia finance firms see AI ambitions falter as legacy systems block progress 2. Asia and European insurers lead as US peers lose $226b in market cap 3. Tokio Marine completes $1.8b share disposal to Berkshire unit 4. Hong Kong reviews medical insurance on affordability concerns 5. CEO says Malaysian insurers face uninsurable risks as compliance focus growsResource Center
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