The (re)insurance industry has the potential, if enabled, to support Africa in building its resilience to disaster risk, according to the 2024 edition of "Africa Insurance Pulse" a report launched yesterday by the African Insurance Organisation (AIO) at its 50th Conference and General Assembly in Windhoek, the capital of Namibia.
The Insurance Council of New Zealand (ICNZ) has lauded the additional funding allocated in Budget 2024 to invest in building resilient communities affected by the Auckland Anniversary Weekend flooding and Cyclone Gabrielle events.
The Monetary Authority of Singapore (MAS) and the People's Bank of China (PBOC) have discussed initiatives to advance cooperation in green and transition finance between China and Singapore at the 2nd China-Singapore Green Finance Taskforce (GFTF) meeting held on 20 May 2024.
The National Financial Regulatory Administration (NFRA) has issued guidelines on high-quality development in the financial sector, focusing on five areas: FinTech, green finance, inclusive finance, pension finance, and digital finance.
The green insurance policy support system will in the main be complete by 2027, says the National Financial Regulatory Administration (NFRA) as it releases a document titled "Guiding Opinion on Promoting the High-Quality Development of Green Insurance" to steer the growth of green insurance business.
The Monetary Authority of Singapore (MAS) and Institute of Banking and Finance (IBF), supported by Workforce Singapore (WSG), yesterday launched the Sustainable Finance Jobs Transformation Map (JTM).
Zurich Insurance Group will no longer underwrite new oil and gas projects and is cracking down on clients planning to expand in metallurgical coal mining.
A new study has described the changes in ESG spending priorities towards human rights, modern slavery and community programmes by corporates as a 'seismic shift'.
In today's dynamic landscape, insurance brokers play a pivotal role in navigating the complex terrain of risk management. With an ever-expanding array of insurance products and services, brokers act as trusted advisors, guiding individuals and businesses towards tailored coverage solutions.
Southeast Asian markets now have a window of opportunity to accelerate decarbonisation with actionable ideas and accelerators to unlock these ideas by 2030, according to a report by Bain & Company, GenZero, Standard Chartered and Temasek.