Japanese earthquake: one in 20 year losses but not “the big one”

“So not quite the “big one” or 1 in 100 year event for Japanese cat bonds, but this is potentially something closer to the big one for the local insurance industry and a certainly a significant human tragedy,” he said.

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Australia’s greenwashing fix has a greenwashing problem

ASFI’s sustainable finance taxonomy was meant to make greenwashing harder. But with the framework now being piloted by a slew of asset owners, banks and rating houses, there are lingering questions as to whether it does the opposite.

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