Insurance News
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Post-Fukushima coal boom, Japan pumped $92bn into coal and nuclearThe country’s major banks have rolled out new policies limiting coal project financing, but a new report shows that Japanese financial institutions are still driving coal development domestically and internationally. -
Rising disaster risk but little insurance interest in Pacific islandsLimited take-up so far is linked to small island nations' reluctance to foot the bill for the effects of climate change, says insurance expert.
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Disasters could cost Asia-Pacific region $160 billion per year by 2030, UN warnsThe low insurance coverage has persisted in the region even though it has suffered nearly $1.3 trillion in losses over the last 50 years, resulting to individuals, businesses and governments bearing the costs of natural calamities. -
At Davos, bosses paint climate change as an opportunityThere is a new generation convincing asset managers to put money into investments with a strong environmental agenda and to push companies to play a bigger role in addressing climate change.
Insurance Opinion
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Will today’s solar panels last 25 years?– Guaranteeing solar panels over a long period presents an emerging problem for the insurance industry and those who own renewable energy resources. How can we ensure solar assets will be protected into the future? -
3 ways to fill Asia-Pacific’s social protection gap– Cash transfer programs, efficient government expenditure and capacity building are ways in which communities across Asia can receive adequate social protection and meet their basic needs. -
Singapore: (Not yet) a rising green finance hub– The finance centre of Southeast Asia has declared ambitions to become a hub for sustainable finance, but how much progress has it made? NUS' Jacqueline Tao investigates.
Videos
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Indonesian youth wins first Prince of Wales Young Sustainability Entrepreneur Prize– 24-year-old Indonesian doctor Gamal Albinsaid's Garbage Clinical Insurance is helping Indonesians get their medical health cover through selling household waste. Watch his story here.
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