Christopher Au

Link’s proactive investment in flood resilience upgrades demonstrates our commitment to addressing the growing challenges of climate risks in #HongKong. Calvin Lee Kwan, DEnv, JD, Managing Director of Sustainability and Risk Governance, recently spoke with Bloomberg about the importance of adapting risk models to incorporate extreme weather events. Accordingly, Link’s targeted HK$8 million flood resilience upgrades across the portfolio include structural reinforcements, real-time water retention sensors, drainage enhancement and emergency power supply systems.   Our climate adaptation initiatives were also featured in the Financial Services Development Council’s recent report, “Hong Kong: Showcasing How Impact Capital Makes a Difference”. In partnership with AXA and Marsh, Link piloted a #sustainability-linked insurance model that ties premiums to the physical climate resilience of assets. This helped Link achieve an 11.7% premium reduction upon renewal of the portfolio’s insurance policy. This alignment of insurance with sustainability incentivises ongoing climate adaptation, fostering a more resilient, sustainable business environment. Learn more: https://bit.ly/4gjwOzX

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As the offshore wind sector expands across the UK and Europe, the complexity of insuring renewable infrastructure is growing. In response, we have partnered with Renew Risk to launch catastrophe models designed to bring greater precision to how insurers assess natural catastrophe exposure and asset aggregation.   In a recent interview with Insurance Post, Tom Sexton, Head of our Renewables, Power & Energy team, explains how our developments with Renew Risk are supporting the shifts in risk modelling driven by climate change. He highlights the need for more granular, location-specific models that can support underwriting decisions and strengthen resilience in the energy transition.   Drawing on lessons from Taiwan’s offshore wind market, Tom explains why bespoke modelling approaches are critical to maintain coverage and capacity in volatile environments.   For a deeper dive, read the full article here (behind paywall): https://lnkd.in/e_ARFKm4

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Recently, Alex Nelson ACII, underwriting manager, power & renewables contributed to an Insurance Times issue, ‘Clean energy revolution facing extreme weather challenge’. Alex shares his insights on the critical need for early client engagement and long-term partnerships to navigate the volatility that extreme weather poses on renewable energy projects. Despite increasing risks, the industry is innovating by offering tailored incentives and leveraging advanced technology to helps clients reduce losses and build resilience. Read the full issue here: ➡ https://lnkd.in/erQk4xGS #Insurance #Energy #InsuranceInnovation #RenewableEnergy 

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Catastrophe models are essential for quantifying risk in today’s uncertain world, but for many professionals, they can feel complex and inaccessible. That's why we partnered with the Global Association of Risk Professionals (GARP) to create a comprehensive, CPD-accredited course, the Catastrophe Modeling Masterclass, to equip you with the knowledge and practical skills needed to confidently work with these models. This course was months in the making, and we’re incredibly grateful to everyone who helped bring it to life. A huge thank you to Global Association of Risk Professionals (GARP) for their collaboration, as well as to our co-authors Matthew Jones and Holly Elizabeth, and all our expert contributors and reviewers, including Professor Paul Bates CBE FRS, Olivia Sloan, Conor Lamb, Andrew Smith, Jamie Hicks, Cassie Tout, Natalie Lord, Anna Walton, Oliver Wing, Tim Walton and Dickie Whitaker. Access the course here for SCR Certificate Holders: https://lnkd.in/eJJVD-qm Fathom is also offering complimentary access to our partners and prospects. Reach out to our team to learn more. #catastrophemodeling #climaterisk #physicalrisk #sustainability #GARP

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AVAILABLE NOW: Marsh is proud to announce the extension of Nimbus, now covering projects in the US, Canada, Australia, and New Zealand. This extended offering reflects our commitment to supporting large-scale data center and digital infrastructure projects within our clients’ evolving portfolios across a broader global footprint. At Marsh, we are dedicated to delivering solutions that meet the demands of today’s rapidly evolving risk and scaling digital landscape. To learn more about this significant development and gain insights from our regional construction leaders, click to read the exclusive feature with Insurance Business America. https://bit.ly/3JJiKmX #construction #DataCentre #RiskManagement

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