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Environmental Insurance in Asia: Regulatory and public scrutiny will drive take up rates
With growing environmental consciousness worldwide, companies need to face up to the potential pollution impacts of their business activities on their surroundings and protect themselves from potential liabilities. We spoke with Mr Arthur Lu, Allianz Global Corporate & Specialty’s (AGCS) Head of Environmental Impairment Liability (EIL) on how this trend is shaping up in Asia.

Source : AIR | 01 Oct 2017
The worst flood in a century
In August, Kerala was devastated by floods of biblical proportions, caused by torrential rains over a three-week period resulting in close to 500 deaths and economic losses amounting to $5bn. We look at the factors behind this unprecedented natural calamity and how the insurance industry can deal with such events in the future.

Source : AIR | 01 Oct 2018
BI and cyber dominate Asian risk concerns in 2018 - Allianz
Business interruption (#1 with 42% of responses; #1 in 2017) and cyber incidents (#2 with 38% of responses; #4 in 2017) emerged as the top two risk concerns among corporates in Asia, mirroring the response of businesses globally, according to the Allianz Risk Barometer 2018.

Source : AIR | 01 Feb 2018
Pakistan: Infrastructure projects to generate additional premiums of up to US$600 mln
The China Pakistan Economic Corridor (CPEC), established in 2017, with a number of significant projects starting to kick off, is expected to generate up to US$600 million in additional insurance premiums in the coming years as China invests billions of dollars in creating new motor, rail, power, and energy infrastructure in the country. This estimate is provided by Aon in its Asia Market Review 2018.

Source : AIR | 01 Mar 2018
Look out for these what-if scenarios - WEF's 10 potential future shocks
The growing complexity and interconnectedness of our global systems can lead to feedback loops, threshold effects and cascading disruptions. Sudden and dramatic breakdowns – future shocks – become more likely, according to the Global Risks Report 2018 published by the World Economic Forum.

Source : AIR | 01 Mar 2018
Blurred lines: Cyber insurance and the risks that come with it
Cyber risks are everywhere as the world becomes more digitalised. Ms Cecilia Chang of GC&C Asia says while traditional policies may cover some cyber risks, there are serious gaps in that cover. A comprehensive cyber insurance solution is needed in such cases.

Source : AIR | 01 Jul 2017
Malaysia: More than 55% of firms lack business liability cover
Less than half (45%) of Malaysian small and medium-sized enterprises and large companies currently have business liability cover although 64% of businesses are aware of it, according to a survey by Australia’s QBE Insurance Group.

Source : AIR | 01 Aug 2017

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Tag Search Result

Environmental Insurance in Asia: Regulatory and public scrutiny will drive take up rates

The worst flood in a century

BI and cyber dominate Asian risk concerns in 2018 - Allianz

Pakistan: Infrastructure projects to generate additional premiums of up to US$600 mln

Look out for these what-if scenarios - WEF's 10 potential future shocks

Blurred lines: Cyber insurance and the risks that come with it

Malaysia: More than 55% of firms lack business liability cover