ESG Insights
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Issue 83: Climate change hits insurers; methane capture heats up
Published Mon, Jan 15, 2024 · 12:20 PM
In this issue: The Asia-Pacific region appears vulnerable when it comes to insurance coverage for natural disasters, while businesses are paying more attention to curbing methane emissions.
Singapore and South-east Asia
Climate change increases need for insurance – but also its complexity
Typhoon Doksuri swept across large swathes of Asia last year, bringing heavy rainfall and high winds that led to US$25 billion worth of losses. Only US$2 billion of those losses, or 8 per cent, was insured.
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