ESG Risk Review
-
Risk managers best placed to help firms manage strategic climate change dilemma, says WTW
A flurry of regulation and the complexity of quantifying risks associated with climate change have left many companies facing a…
-
Rising anxiety amid geopolitical tension to fuel people risk in 2025
Cyberattacks, political risks, climate change and the cost of living are leading to unprecedented levels of anxiety for business and…
-
Nat cat insured losses to hit $135bn this year: Swiss Re
Insured losses from natural catastrophes are forecast to exceed $135bn in 2024, according to a report from Swiss Re. It…
-
Economic risks still dominate WEF survey
Economic risks continue to dominate the concerns of G20 business leaders polled for the World Economic Forum’s (WEF’s) latest Executive…
-
European council and parliament agree on EUDR delay
The European Council has reached a provisional agreement with the European Parliament on a proposed targeted amendment of the EU…
-
Europe moots nat cat risk scores for properties
A nat cat risk awareness tool for European properties at risk of flooding, wildfire and other perils is underway after…
-
Growing use of lithium-ion batteries but risks overlooked, says QBE
While lithium-ion (Li-Ion) batteries power everything from smartphones and laptops to electric vehicles (EVs) and renewable energy storage systems, their…
-
Big increase in UK employers reporting on proportion of staff with disabilities
There has been a significant increase in the number of UK employers who report on the proportion of their staff…
-
Sustainability reporting now business as usual, KPMG research reveals
Sustainability reporting has become part of business as usual for almost all of the world’s largest 250 companies, and a…
-
Many global firms lack plans to manage extreme weather, finds International SOS
A survey by International SOS Foundation has found that just a third of firms (36%) have comprehensive plans and policies…
-
DAC Beachcroft predicts environmental risks facing insurers and clients in 2025
Law firm DAC Beachcroft (DACB) has launched its 2025 predictions for the global insurance market, including a number of environmental…
-
Atlantic hurricane season ends with above-average activity
The 2024 Atlantic hurricane season saw above-average activity with 18 named storms (winds of 39 mph or greater), 11 of…
-
Zurich launches climate risk digital solution
A new interactive digital solution to help customers uncover climate risks up to the year 2100 has been launched by…
-
Research reveals decline in UK financial services’ diversity efforts
UK financial services CEOs are focusing on cost cutting rather than improving diversity, according to a new report from campaign…
-
Italian insurance market slowly improving but concerns over nat cat and ESG
Italian insurance buyers say they now enjoy slightly better market conditions, with room to negotiate in some areas. But they…
-
Governments urged to support businesses on net-zero transition
Decisive global government action is required to support companies investing in the transition to net-zero carbon emissions, according to a…
-
No impact on insurance ratings from proposed surcharge on fossil fuel-related assets
Capital surcharges on fossil fuel-related assets recently proposed by the European Insurance and Occupational Pensions Authority (Eiopa) will not affect…
-
UK sustainability survey highlights lack of resources
The vast majority (75%) of senior sustainability leaders in the UK report that their teams are under resourced, leaving them…
-
Swiss captive SBB pilots first-ever sustainability-linked insurance contract
Swiss Federal Railways’ (SBB) direct insurance captive is going to pilot the first-ever sustainability-linked insurance contract, which links premiums to…
-
Changing climate means overhaul of risk transfer market: S&P
Secondary perils like floods, fires and severe convective storms are now making up a larger portion of catastrophe losses, according to…