Natural disasters

10 dead after rain and storms batter provinces in China

An emergency response team member at a damaged building in General Santos City on Jun 9, a day after an earthquake hit the southern Philippines.

Rescuers race to reach trapped after powerful quake in southern Philippines

A poll of Singapore businesses shows the Iran war is fuelling resilience concerns among small and medium-sized enterprises.
ESG INSIGHTS

Issue 197: Singapore launches SME sustainability initiatives; natural disaster protection gap grows

The cost of natural catastrophes such as hurricanes and wildfires has continued to rise in recent years.

Natural-disaster insurance gap now exceeds US$420 billion globally: Swiss Re report

Total global spending on extreme weather, insurance premiums and resilient infrastructure has hit US$13.5 trillion over the past 12 years.

Disaster resilience investment has touched US$100 billion in Asia

Cheryl Goh, group head of marketing, sustainability, loyalty and support at Grab, says: “Education is the most proven pathway to long-term socioeconomic mobility.”
TAKING HEART

Grab boosts GrabForGood Fund with US$3.2 million for giving-back programmes in S-E Asia

The Japan Meteorological Agency's tsunami warning on a TV news report after an earthquake struck the country on Apr 20.

Tsunami hits northern Japan after powerful earthquake

Andreas Berger, group CEO at Swiss Re, warns that a prolonged Iran conflict could lead to more significant disruptions, which the reinsurer is monitoring.

Iran conflict, disaster risks could drive inflation pressures in Singapore, Asia: Swiss Re global CEO

The policies and rules that govern finance affect how capital moves, what risks are taken and which priorities are funded.
THE BROAD VIEW

Fortifying the role of finance after Indonesia’s floods