S1E75: How the reinsurance industry can push climate action: Green Pulse

Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change. In this episode, The Straits Times environment correspondent Audrey Tan and climate change editor David Fogarty talk about how the reinsurance industry can push for greater climate action. They speak with Mr Mark Senkevics, head of the property and casualty underwriting hub in Asia, Australia & New Zealand for Swiss Re. This episode is brought to you by Swiss Re: https://www.swissre.com/ Highlights (click/tap above): 02:50 What is the role of reinsurance companies in dealing with climate change and how influential can they be? 05:48 Reinsurance companies also pay out when disaster strikes; what are the payout trends for natural catastrophes across Asia? 07:10 What is the role of climate change in causing natural catastrophic events, such as floods?  10:15 Why 85 per cent of economic losses from natural catastrophes in Asia are still not insured, when compared with advanced economies 13:00 How vulnerable is the Asia-Pacific region to floods, and why governments need to address the poor flood protection gap Read Swiss Re’s sigma report: https://str.sg/w7mb Natural Catastrophe/Climate Risk insights: https://str.sg/w7mE CatNet® solution: https://str.sg/w7ma Produced by: Audrey Tan ([email protected]), David Fogarty ([email protected]), Ernest Luis, Hadyu Rahim, Teo Tong Kai and Eden Soh Edited by: Hadyu Rahim Subscribe to Green Pulse Podcast series and rate us on your favourite audio apps: Channel: https://str.sg/JWaf Apple Podcasts: https://str.sg/JWaY Spotify: https://str.sg/JWag Google Podcasts: https://str.sg/J6EV  Website: http://str.sg/stpodcasts Feedback to: [email protected] Follow Audrey Tan on Twitter: https://str.sg/JLMB Read her stories: https://str.sg/JLM2 Follow David Fogarty on Twitter: https://str.sg/JLM6 Read his stories: https://str.sg/JLMu --- Discover ST's special edition podcasts: Singapore's War On Covid: https://str.sg/wuJa The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Health Check: https://str.sg/JWaN In Your Opinion: https://str.sg/w7Qt Your Money & Career: https://str.sg/wB2m #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas Lunch With Sumiko: https://str.sg/J6hQ Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! #greenpulseSee omnystudio.com/listener for privacy information.