Sustainability Risk Review
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German climate change experts say construction sector falling short
The German Council of Experts on Climate Change has published its review report of German greenhouse gas emissions for the…
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Insured losses from week-long European storm to exceed €100m: Aon
Insurance claims from severe convective storms in Europe, starting on 28 May and continuing into this week, are likely to…
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Global nat cat protection gap widens: Swiss Re
The global natural catastrophe protection gap widened to $424bn in 2025, an increase of 7%, according to estimates from Swiss…
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US SEC plans to rescind climate disclosure rules
The US Securities and Exchange Commission (SEC) has put forward proposals to rescind its climate disclosure rules. The SEC said…
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UN general assembly adopts state climate-obligations resolution
The UN General Assembly has adopted a new resolution that calls on all UN member states “to take all possible…
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Europe faces greatest exposure to extreme heat losses
Europe is “highly exposed” to the economic risks of extreme heat, according to Allianz Trade, which warns of scenarios that…
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TotalEnergies reported to regulators for greenwashing investor reports
Environmental groups say TotalEnergies is potentially misleading investors about its climate goals and greenwashing of fossil fuels. ClientEarth, Friends of…
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Spanish firms lack action on growing climate risks
Almost half (45%) of firms in Spain have incurred financial losses as a result of extreme climate events, but most…
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Narim seeks deeper collaboration with insurance partners on energy transition
Narim chair Hanneke van Oss, department head of insurance at Bluewater Energy Services, told Commercial Risk Europe shortly after taking…
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Dutch insurers developing insurance standard for climate adaption
The Dutch insurance association (Verbond van Verzekeraars – VVV) is starting to develop a new ESG standard for climate adaptation…
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Insuring a smooth transition
Adrian Ladbury interviewed Marieke Van Werf, Marsh climate and sustainability lead in the Netherlands, as Narim met for its congress,…
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More than half of US data centres planned for high nat cat risk areas
More than half (56%) of planned US data centres, worth nearly $800bn in investment, are set to be built in…
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Nature intelligence platform Natcap to integrate RepRisk data
Nature intelligence platform Natcap is to integrate data from ESG data science firm RepRisk to improve the quantification of nature-related…
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French government sued for PFAS liability
A lawsuit brought by environmental campaign groups in France claims that the French government was aware of the risks of…
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Generali and Copernicus to collaborate on climate risk in Europe
Generali and the European Centre for Medium-Range Weather Forecasts (ECMWF) are to collaborate on climate risk in Europe. The collaboration…
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DUAL UK unveils natural resources product
DUAL UK has announced a new natural resources product, aimed at the renewables sector, backed by a capacity agreement with…
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Ferma issues principles to develop sustainability-linked insurance market
Europe’s risk management federation Ferma has published new principles for insurers and risk managers to guide the development of sustainability-linked…
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Strong El Niño expected to lead to lower-than-average hurricane season
A strong El Niño is forecast to develop this summer, which will likely see lower-than-average hurricane activity across the Atlantic,…
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Companies foresee nearly $900bn in losses from extreme weather, CDP analysis shows
Risks from extreme weather are set to escalate sharply, with companies expecting $898bn in future financial impacts, according to new…
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German study finds sustainability performance directly impacts underwriting decisions
Those who view sustainability solely as a regulatory or reputational issue underestimate its impact on insurance coverage. Physical climate risks,…