Magazine

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Oct 2022

News


Asian

Asia Pacific: Healthy investor appetite for catastrophe bonds

The redemption and new issuances of property catastrophe bonds covering perils in Asia in the year to 30 June 2022 suggest a healthy investor appetite for Asia catastrophe bonds, said Aon.
 


Australia: Two financial advice organisations agree to explore merger

The Financial Planning Association of Australia (FPA) and the Association of Financial Advisers (AFA) have agreed in principle to explore a merger between the two associations, with a goal of creating a united voice for the financial advice profession.
 


Hong Kong: General insurance market sees 220% jump in underwriting gains in 1H2022

The Hong Kong general insurance sector posted a surge of over 220% in overall underwriting profit to HK$2,545m ($324m) in 1H2022 from HK$794m in the corresponding period in 2021, according to statistics from the Insurance Authority.
 


Risk

Record-breaking heatwaves 'normal' by 2035

The record-breaking heatwave experienced across Europe in the summer of 2022 will be considered an ‘average’ summer by 2035.
 


Post pandemic new risks for live events

Risk managers involved in the live events sector, which is now booming post-pandemic, face a range of new risks and must factor in longer planning times, alongside developing risk assessments for new festivals according to Allianz Global Corporate & Specialty (AGCS).
 


Healthcare should accelerate its involvement with climate change

Climate change impacts on healthcare have created a crisis through damage to healthcare provision, including facilities and supply chains.