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Nat CAT tag returned 323 results

  • 16 insurers join UN Environment to assess intensifying climate change impacts

    United Nations Environment's finance initiative (UNEP FI) has announced a partnership with 16 of the world's largest insurers to develop a new generation of risk-assessment tools designed to enable the insurance industry to understand the impacts of climate change on their business better. This understanding is vital for an industry whose core business is to manage risk.

    AIRPlus | 19 Nov 2018
  • Japan: Major insurers expect record JPY1trn payout in current fiscal year

    Japan's three top P&C insurers are expected to pay out a record JPY1trn ($8.8bn) in combined insurance claims in the fiscal year ending 31 March 2019 (FY2018), as a result of extensive damage from a number of natural disasters this year.

    Asia | 15 Nov 2018
  • Australia: Drought insurance could be public or private

    In recent years, governments have focused on promoting private drought insurance markets. However, public schemes are also possible and exist in many other countries, says Mr Neal Hughes, Senior Economist, Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).

    Asia | 15 Nov 2018
  • Integrating flood and environmental risk management

    The Asian Development Bank recently released a working paper that presented the principles underlying Flood and environmental risk management (FERM) and briefly discussed current policies and practices. It also presented three Asian Development Bank case studies from the People's Republic of China to illustrate what is being advocated. It also discussed other matters relevant to the integration of FERM into a framework for project appraisal and formulation.

    Asia Risk | 14 Nov 2018
  • India: Coastline faces serious threat

    Despite the Coastal Regulation Zone (CRZ) guidelines issued by the government and Coastal Zone Management Authorities (CZMA) appointed in various states and union territories, the coastline of India is in a poor state, according to a report in India Climate Dialogue, a website which provides news and views on climate change, how it affects India, and what can be done about it.

    Asia | 13 Nov 2018
  • Australia: Actuaries launch quarterly climate index

    The Actuaries Institute yesterday launched a climate index, an objective measure of extreme weather conditions and changes to sea levels, to help policymakers and Australia's businesses assess how the frequency of weather extremes is changing over time.

    Asia | 09 Nov 2018
  • India: Govt studying natural disaster tax to fund relief efforts

    The Indian government has formed a committee comprising several state finance ministers, to assess the feasibility of introducing a tax under the Goods and Services Tax (GST) regime to fund disaster relief.

    Asia | 09 Nov 2018
  • Florence, Harvey and connected risk

    A year after Harvey, the US coast was hit by once again by hurricane Florence, which reached maximum wind speeds of 140mph before it hit Wrightsville Beach, North Carolina on 10 September. Florence unloaded 10tn gallons of rain on North Carolina according to CNN.

    AIRPlus | 08 Nov 2018
  • Global: African Development Bank rolls out programme to boost climate risk financing and insurance

    The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, its first climate risk management programme to boost resilience and response to climate shocks in regional member countries.

    Asia Risk | 07 Nov 2018
  • APAC: UN agencies flag weakened fight against hunger and malnutrition

    Four specialised agencies of the United Nations have warned of a 'colossal' human loss to Asia and the Pacific and its economies if countries in the region do not recommit themselves to ending all forms of malnutrition and achieving zero hunger by 2030.

    Asia Risk | 07 Nov 2018

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