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Margins at mid-year look ‘certainly more attractive’ than in prior renewals.

Ping An Insurance (Group) Company of China, the country's biggest insurance group, aims to achieve its overall sustainability targets with investment and credit of CNY400bn ($62.7bn) and total green insurance premiums of CNY250bn by 2025.

Reinsurers are expected to bear the brunt of the flood season in Australia. The country had declared a national emergency to deal with the floods and the Insurance Council of Australia put insured losses so far in excess of $A2.5bn ($1.85bn). AM Best expects that figure to rise as the estimate

Commenting on the Australian federal budget presented in March, the Actuaries Institute says that this is a case of missed opportunities to not prioritise greater investment in climate resilience and women's superannuation.

The Monetary Authority of Singapore (MAS) and CDP, an international non-profit organisation that operates one of the world's leading environmental disclosure systems for companies and sub-national governments, have signed a Memorandum of Understanding (MoU) to promote sustainability disclosures and