Climate Change
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March 18, 2024
Corporates gaining confidence in parametric solutions
Martin Hotz, head of parametrics natcat at Swiss Re Corporate Solutions, talked to Global Risk Manager about the growing interest…
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March 18, 2024
BusinessEurope unhappy with revised CSDDD
BusinessEurope, the European confederation that represents 40 national industry and employers’ organisations, is unhappy with the agreement on the EU…
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March 18, 2024
US Chamber of Commerce sues SEC over climate risk disclosure rules
Business lobby group the US Chamber of Commerce has filed a lawsuit against the US Securities and Exchange Commission (SEC)…
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March 18, 2024
USAID and WTW working on parametric solution to boost climate change resilience
WTW is working with the US Agency for International Development (USAID) to deliver a parametric solution that will protect and…
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March 15, 2024
European Council adopts watered down CSDDD
The Belgian presidency of the European Council has finally managed to gain approval for the Corporate Sustainability Due Diligence Directive…
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March 15, 2024
Soaring climate losses see insurers exit ‘uninsurable’ areas
Insurers are hiking premiums and exiting high-risk areas as a result of a 360% rise in insured losses in the…
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March 15, 2024
French nat cat carrier posts big technical loss from rising weather events
French state-backed catastrophe carrier CCR recorded a significant technical loss of €112m for 2023 due to heavy natural disasters in…
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March 14, 2024
More than half of FTSE companies now engaged in tree planting
An estimated 51% of FTSE 100 companies are currently investing in tree-planting initiatives as part of their ESG programmes, according…
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March 13, 2024
UK government adaptation plans ‘fall short’ for scale of climate risks
A leading climate advisory panel has warned the UK government that its adaptation plans for a changing climate “fall short”…
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March 12, 2024
Europe ill-prepared for climate risks, finds first-ever EEA assessment
Europe is not prepared for rapidly growing climate risks and is failing to keep pace with the rising exposures, warns…
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March 8, 2024
Compulsory cat cover back on agenda for German state ministers
The German Conference of Federal State Prime Ministers, the committee formed by the 16 German states to coordinate policy, has…
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March 7, 2024
Supply chain emissions data a ‘mammoth’ task for risk managers, says Airmic
Risk managers face a “mammoth” task identifying carbon emissions in their supply chain, according to UK risk management association Airmic,…
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March 7, 2024
SEC adopts compromised climate-related disclosures
The US Securities and Exchange Commission (SEC) has adopted rules to enhance and standardise climate-related disclosures by public companies and…
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21.03.2024
WEBINAR: NatCat trends accelerating parametrics
Both the frequency and severity of natural catastrophes globally are on the rise. As a result, traditional (re)insurance programmes have…
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March 4, 2024
MEPs pass beefed-up environmental crimes directive
Members of the European Parliament (MEPs) have adopted and extended the list of offences and sanctions in the Environmental Crimes…
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March 1, 2024
Business must invest in climate preparedness and employee support
Organisations should take heed of the losses that can be incurred by extreme weather events, and invest in climate preparedness,…
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March 1, 2024
Miller launches global parametric team
London-based global broker Miller has announced its expansion into the growing parametric insurance market with the launch of a new…
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February 29, 2024
Ferma says CSDDD rejection provides time to address ‘shortcomings’
The Federation of European Risk Management Associations (Ferma) has told Commercial Risk that news that the Corporate Sustainability Due Diligence…
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February 28, 2024
CSDDD ‘back to square one’ as Council blocks legislation
The EU Corporate Sustainability Due Diligence Directive (CSDDD) has failed to achieve backing from the European Council and now looks…
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February 28, 2024
Swiss Re calls for adaptation measures to tackle climate change
A new analysis of 36 countries and their exposure to climate change carried out by the Swiss Re Institute ranks…