BRICS Builds Insurance Ecosystem

BRICS countries have proposed building a stronger and more self-reliant insurance ecosystem to support trade among member nations and strengthen reinsurance capacity. The proposal was included in the New Delhi Declaration 2026, adopted at the 18th BRICS Summit held in Read More …

Himalayan Glaciers Melt Faster

Himalayan glaciers are losing mass 65% faster than a decade ago, raising concerns over water security, floods, infrastructure and economic activity across South Asia. A new study led by Systemiq, with the Integrated Mountain Initiative and contributions from ICIMOD and Read More …

Nepal Floods Highlight Climate Risk

The devastating floods in Nepal have highlighted the growing challenge of cross-border and cascading climate risks, demonstrating how extreme weather events can create widespread impacts across communities, infrastructure and economic systems. The World Meteorological Organization (WMO) emphasised that the disaster Read More …

Hail Risk and AI Are Transforming Severe Storm Risk Management

Severe storm risk management is undergoing significant transformation as insurers increasingly focus on hail-related risks and leverage artificial intelligence (AI) to enhance risk assessment and response capabilities. The evolving approach reflects the growing impact of climate change on weather patterns Read More …