Search Results

Showing 131 - 140 of 343 results for "insurance"

Climate resilience needed to dodge $442b VIC loss by 2100

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
... cumulative impact will be about $40 billion by 2040. Without action, it will grow ten times by 2100. This comes as the Insurance Council of Australia (ICA) this month put out a report outlining recommendations for federal and state governments to invest ...

Amid economic uncertainty, "overlooked" co-ops and mutuals thrive

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
... in key sectors such as banking and financial services. Profitability across agribusiness, financial services, health insurance and motoring was impacted by global energy and commodity price volatility. BCCM chief executive Melina Morrison said the research ...

ESG salaries revealed, talent shortage predicted as demand surges

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
... roles in the ESG investment field. Respondents ranged from junior ESG analyst to head of ESG in superannuation, banking, insurance, asset/funds management, wealth management, and more. Gvalda said that although the report did not include a gender analysis ...

ESG goes mainstream: How the role has changed and what lies ahead

ROSE MARY PETRASS  |  TUESDAY, 4 APR 2023  |  NEWS
... Evans of the recruitment firm Talent Nation. The talk, ESG Market Insights Powered by Talent Nation, featured health insurance company Bupa's director of sustainability and ESG Mel Cutler and Andrew Sellick, principal sustainability - global infrastructure ...

Australian sustainable finance taxonomy to feature traffic-light system

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... establishment of a Taxonomy Board that includes government, peak representation across the financial sector (banking, insurance, investors and superannuation), climate and specialist expertise, and social and Indigenous representation. The board will ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... economic losses of $410 billion (US$275b) in 2022, a new report has found, with just $150 billion (US$125b) covered by insurance. The report from Swiss reinsurance company Swiss Re revealed that record-breaking damage from natural disasters in 2022 led ...

Fink counts the cost of "easy money" in annual letter

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
... ecology - or our economy - that's not affected. Finance is not immune to these changes. We're already seeing rising insurance costs in response to shifting weather patterns." Ensuring access to data to make clear decisions about material sustainability ...

Push for greater ESG alignment in C-Suite pay

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... promotes effective management of financial and non-financial risks." CPS 511 took effect for banks as of January 2023, with insurance and superannuation funds falling under the standard as of July 2023 and the rest of APRA-regulated entities falling ...

Climate a top concern for Australia's C-Suite

RACHEL ALEMBAKIS  |  THURSDAY, 19 JAN 2023  |  NEWS
... impacts of climate-related disasters or weather events, 52% citing changing consumption patterns, 50% citing increased insurance costs and 46% citing resource scarcity or cost of resources. "People have started to realise that climate change is not this ...

ASX200 see material biodiversity risks: Martin Currie

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... to the risks and dependencies, the survey highlighted financial opportunities as well - Martin Curie found banks and insurance companies see opportunities for the development of markets for ecosystem services and biodiversity credits, like carbon credits. ...