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CoreLogic – Climate risk experts agree; cross-sectoral collaboration key to effective management of the impact of climate change in financial services

Source: CoreLogic [AUCKLAND, NZ, 5 February, 2021] Some of Asia Pacific’s brightest minds in climate change risk management met today to discuss how the financial services industry can effectively identify, assess and manage climate-related risks. In CoreLogic’s virtual event ‘Moving ahead on climate change: Tackling climate risks in financial services’, the panel of influential experts from Australia and New Zealand shed light on: –          key challenges and issues for the finance sector, –          how systemic risk from climate change could affect industry sustainability, –          how different sectors within the financial services are tackling climate risk, –          challenges with the use of climate models by business for the purpose of assessing climate physical risk and how these challenges can be managed,

Insurers Caution Home Buyers To Be Wary Of Insurance Pitfalls For Multi-unit Buildings

Wednesday, 27 January 2021, 2:13 pm Are you buying a new home attached to others? Is it being sold without a body-corporate to reduce costs and issues? The Insurance Council of New Zealand is urging all potential or existing owners of multi-unit property to check they can adequately insure their property. If a unit is attached to other units and doesn’t have a body corporate structure in place, many insurers may not provide insurance because of complexities that can arise at claim time if not all units are insured or if they have different levels of cover from different insurers, says Tim Grafton, Chief

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