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Five steps to insure a safer future for climate-vulnerable communities in APAC

Life InsuranceReinsuranceRisk

Climate change threatens growth, infrastructure, and livelihoods in Asia and the Pacific. By addressing gaps in insurance affordability, accessibility, and awareness, the region can improve financial protection against catastrophic climate risks and support sustainable development. There is no question that...

calendar icon11 May 2026

clock icon3 mins read

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Five steps to insure a safer future for climate-vulnerable communities in APAC

Climate change threatens growth, infrastructure, and livelihoods in Asia and the Pacific.

By addressing gaps in insurance affordability, accessibility, and awareness, the region can improve financial protection against catastrophic climate risks and support sustainable development.

There is no question that Asia and the Pacific are bearing the brunt of the impacts of climate change and the situation does not look to improve in the near future.

The region could lose 26.5% of its GDP by 2050 if no climate-mitigating actions are taken, according to the Swiss Re Institute.    

Take flooding for example, 75% of the global annual damage to capital stock from riverine flooding is likely to occur in Asia and the Pacific, threatening buildings, machinery, and infrastructure.

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2 Comments

  1. Deva

    This article is incredibly insightful — a must-read for anyone concerned about climate resilience in APAC

    Reply
  2. Deva

    Absolutely loved it — compelling content that truly matters. 5/5!

    Reply

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