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  • Marsh launches cyber-only group captive

    Marsh, the world's biggest insurance broking group, has established Edgware Re, a group captive insurance company for organisations seeking more control and stability in their cyber insurance programs.

    Asia | 28 Mar 2024
  • Why 2023 was so warm and what will happen in 2024?

    A compilation of worldwide temperatures has revealed that the year 2023 was the warmest year on record and the warmest year at least since the last interglacial period, some 125,000 years ago.

    Asia Risk | 27 Mar 2024
  • Parametric risk transfer for cyclones to be made faster and more accurate

    A new partnership will utilise AI and machine learning techniques to offer faster parametric insurance solutions based on precise location-level wind speed data following tropical cyclone landfalls, worldwide.

    Asia Risk | 27 Mar 2024
  • Earth's climate is more sensitive than we thought

    The severe impacts of climate change are happening at temperatures lower than expected according to a new report from the Institute and Faculty of Actuaries (IFoA) and the University of Exeter.

    Asia Risk | 27 Mar 2024
  • Cyber threat surge, over 160bn incidents blocked in 2023

    The number of cyber threats blocked in 2023 showed an increase of over 10% on an annual basis. Also a significant trend observed in 2023 was that the attackers are using more advanced methods to target fewer victims but with the potential for higher financial gains.

    Asia Risk | 27 Mar 2024
  • Marine heatwaves have significant impact on microorganisms

    Prolonged warm oceanic waters are altering the marine microorganism communities that form the base of the marine food chain according to a new research.

    Asia Risk | 27 Mar 2024
  • New climate risk monitor to drive better decisions

    A new climate risk monitor to help clients visualise and understand their exposures to physical climate risk to enable better business decisions has been launched. The monitor has been developed by the global professional services firm Aon.

    Asia Risk | 27 Mar 2024
  • Businesses struggling with net-zero plans

    Large businesses around the world are struggling with their net-zero plans, with barriers including fears of unfair scrutiny of climate efforts and how to address supply chains emissions according to a survey by the Carbon Trust.

    Asia Risk | 27 Mar 2024
  • Life insurers repositioning in Asia

    The Deloitte Insurance Outlook 2024 indicated that many life insurers are repositioning in order to drive sustained and predictable growth.

    AIRPlus | 25 Mar 2024
  • Global: IFSB appoints new secretary-general

    The Islamic Financial Services Board (IFSB) has appointed Dr Ghiath Shabsigh as its fourth secretary-general. His appointment was endorsed by the council of the IFSB in 2023. He succeeds Dr Bello Danbatta. In his new role, he will solidify IFSB's role as a standard-setting body.

    Asia | 22 Mar 2024