 "Irdai, vehicle insurance,")
As the markets for solar power, wind power, storage and electric vehicles continue to grow in size and strength, there are other things that will be vying for our attention this year.
Climate and insurance: Australian insurers can absorb growing insurance claims relating to bushfires, S&P Global Ratings said in early January, though “the recent extremes in draught and climate conditions appear to have exacerbated the reach, longevity and intensity of the current bushfire season.” Climate change would mean more extreme weather events globally, triggering loss and damage in many instances. The Bank of England is looking at a climate-stress-test
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