insurance companies – Thinking Port

Financial Watchdog: Markets Could Soon Freak Out From Climate Catastrophes

January 23, 2025 admin 0 Comments climate change, green economy, insurance, insurance companies, investment

Credit to Author: Zachary Shahan| Date: Wed, 22 Jan 2025 04:10:36 +0000

The Financial Stability Board (FSB) has warned in a new report that financial markets could be disrupted by climate change and associated catastrophes in a number of ways. From costs rising slowly but significantly over time to sudden unexpected shocks having huge ripple effects, climate change is going to be … [continued]

The post Financial Watchdog: Markets Could Soon Freak Out From Climate Catastrophes appeared first on CleanTechnica.

CleanTech Energy News Science

Republican Extremism Could Be Major Threat To Home Insurance

June 10, 2023 admin climate change, green economy, insurance, insurance companies, investment, policy & politics, Republicans, texas

Credit to Author: Zachary Shahan| Date: Wed, 07 Jun 2023 18:27:46 +0000

The insurance industry survives and thrives on two things: its ability to quantify risk and then its ability to profit on it. Whether talking about home insurance, car insurance, life insurance, or some other kind of insurance, the first step is to do the math of how likely it is that certain destruction will occur […]

CleanTech Energy News Science

NOAA & NSF Researching Insurance Industry’s Climate Needs — New Research Center

May 20, 2023 admin climate change, insurance, insurance companies, national oceanic and atmospheric administration (noaa), national science foundation, NOAA, policy & politics, research, SCIENCE

Credit to Author: Guest Contributor| Date: Wed, 17 May 2023 14:40:49 +0000

Whether you own a home, a business, or other assets, insurance is an important part of any budgetary calculation involving protection of property. While the insurance and reinsurance sector are at the forefront of translating weather and climate information into financial and societal risks, the industry’s focus has been on use of catastrophe models rather […]

Manila News Philippines

NHMFC, eight insurers flagged over MRI deals

February 4, 2020 admin corporate news, insurance, insurance companies, mortgage redemption, mortgage redemption insurance, mri, national home mortgage finance corp., nhmfc, pcc, Philippine Competition Commission

Credit to Author: Jordeene B. Lagare| Date: Tue, 04 Feb 2020 15:00:29 +0000

THE Philippine Competition Commission (PCC) on Tuesday raised anticompetition concerns over the imposition of exclusive life insurance by the National Home Mortgage Finance Corp. (NHMFC) and several insurance companies on their account holders. In a statement, the antitrust agency said its Enforcement Office charged the NHMFC and eight insurers for signing agreements on providing mortgage redemption […]

Manila News Philippines

AIA Philam Life to turn subsidiary into trust corporation

November 20, 2019 admin aia philam life, corporate news, insurance, insurance companies, philam asset management inc., philippine insurance

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 20 Nov 2019 11:00:10 +0000

INSURANCE company AIA Philam Life is set to turn its subsidiary into a trust corporation (TC) as it continues to innovate the way it conducts its business to provide customers with the right solutions to meet their individual protection and wellness needs. In a statement on Tuesday night, AIA Philam Life said the unit, Philam […]