Climate Change
-
SA mining sector facing another challenging year
This year has marked another challenging period for South Africa’s mining industry, in the wake of subdued commodity prices, an…
-
EIL set to grow in South Korea following new pollution laws
Changes to pollution laws in South Korea could raise awareness of environmental impairment liability (EIL) among corporates in the region.…
-
$5bn for emerging markets infrastructure investments
International Finance Corporation (IFC), a member of the World Bank, has launched a programme to raise $5bn from global institutional…
-
Companies turn to environmental cover as regs take hold and rates fall: Marsh
There has been a marked uptick in the number of companies buying environmental liability insurance coverage across Europe, according to…
-
Rail and roads: Growth amid challenges
The infrastructure landscape across west Africa could be about to change dramatically if several major projects are brought to fruition.…
-
Corporate roundup
Captive manager USA Group becomes latest WBN associate member, The Standard Syndicate adds new lines and senior underwriters, Beazley doubles…
-
Typhoon Nepartak adds to rising nat cat losses
Taiwan and mainland China are counting the cost of Typhoon Nepartak, which struck in early July. Meanwhile, the reinsurance industry…
-
Pressure builds on Philippines President to enact nat cat pool
Recently installed Philippines President Duterte is reportedly coming under rising pressure to give his stamp of approval to the long-awaited…
-
Parima joins Insurance Development Forum project
The Pan-Asia Risk and Insurance Management Association (Parima) has been invited to participate on the Insurance Development Forum (IDF).
-
ELD is falling short, concludes EC probe
A European Commission (EC) review of the Environmental Liability Directive (ELD) has concluded that the directive is not achieving its…
-
Japanese insurers will comfortably absorb earthquake losses say analysts
[Tokyo]—Japanese non-life insurers will suffer losses up to JPY320bn ($2.9bn) from the earthquakes that hit Kyushu island last month but…
-
ELD implementation varies ‘significantly’ with ‘patchwork’ of remediation, concludes EC
A European Commission (EC) review of the Environmental Liability Directive (ELD) has concluded that its implementation still varies significantly between…
-
Corporate round-up
Generali launches global property programme for US-based multinationals, AGCS names Strong head of EIL in London unit, Markel appoints new…
-
EC announces plan to meet Paris climate agreement
The European Commission (EC) this week presented an assessment of the implications for the European Union (EU) of the new…
-
Fear grows as environmental risks rise to the top in 2016 WEF report
There is growing fear over the likelihood of risks tracked by the World Economic Forum's (WEF) Global Risks Report impacting…
-
Stricter enforcement of environmental rules and mandatory covers on the horizon, predicts insurer
There will be more focus on enforcement of environmental legislation across the world, including the EU, going forward, and a…
-
Vale and BHP Billiton could face billion-dollar fines in Brazil from dam bursts
Mining giants BHP Billiton and Vale face billions of dollars of legal fines in Brazil due to two industrial waste…
-
Tianjin will raise awareness for risk management: Baron
It is a sad but irrefutable fact that one of the best ways of raising awareness of the value and…
-
Food safety & petrochemical risk in focus as claims & exposures rise
The Tianjin explosion and subsequent mayhem has focused Chinese and worldwide attention on the risks of doing business in this…
-
EIL market grows post ELD
Stricter EU environmental laws have seen an increase in the amount of environmental liability insurance purchased by European companies, according…
