ESG Climate Risk
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Addressing climate risk through modelling and resilience
Climate risk is a huge topic, providing numerous challenges to corporates and their risk managers. The sheer scale and breadth…
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Report sets out climate risk priorities for global insurance industry
A new report has highlighted priorities for the global insurance industry when it comes to climate risk and resilience. The…
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Climate-related travel risk on the rise: International SOS
The number of travel alerts for employees working overseas triggered by climate-related threats is on the rise, according to security…
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French risk managers say insurers are not rewarding climate risk mitigation
French risk managers are not happy with the support they receive from the insurance market to deal with climate risks,…
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UK risk managers rank climate change higher than other regions
The UK was the only country to feature climate change in the top ten risks facing businesses today, according to…
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More sectors facing very high environmental credit risk
In 2020, coal mining was the only sector that faced very high overall environmental credit risk, but now there are…
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UK exposed to millions in additional flood losses from climate change
The impact of climate change will add millions to the UK’s losses from flooding, according to a new study from…
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Howden calls for mobilisation of ‘vast sums’ to protect Global South
Global broker Howden has called for the creation of a range of loss and damage vehicles that it believes could…
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Aon expands climate risk advisory function
Aon has expanded its climate risk advisory function across the firm’s risk capital capability, to further serve clients’ advanced risk…
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Tokio Marine forms disaster prevention and mitigation subsidiary
Tokio Marine Holdings has formed Tokio Marine Resilience, a 100% owned subsidiary that will engage in disaster prevention and mitigation.…
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Aon urges companies to focus on extreme heat risk
There is an urgent need for the risk industry to analyse climate trends to deliver better risk mitigation, as the…
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Moody’s RMS highlights climate change threat to Caribbean islands
The Caribbean islands face a significant and growing threat from the impacts of climate change and there is a need for…
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More focus needed on physical climate risk
ESG Risk Review talked to Stuart Large, business development director, Jupiter Intelligence, about climate risk – what it includes, getting…
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Climate groups urge IAIS to take action on insurers over climate crisis
More than 30 climate, environmental and consumer protection groups have called on the International Association of Insurance Supervisors (IAIS) “to…
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Eiopa stresses need for coordinated response to nat cat threat
Petra Hielkema, chairperson of the European Insurance and Occupational Pensions Authority (Eiopa), has told MEPs there needs to be a…
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Howden launches global climate parametric practice
A new global practice that brings together (re)insurance, climate, and data expertise to provide parametric solutions for climate risks has…
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Climate risks loom large over semi-conductor supply chains, warns Moody’s
The resilience of global supply chains is under threat from the concentration of semi-conductor manufacturing in regions highly exposed to…
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Companies must prepare for more extreme weather
Europe has again been hit by extreme weather events this summer. Two floods stood out in the stream of droughts,…
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WTW re-focuses climate practice with risk and analytics capabilities
WTW is to bring its climate and risk & analytics capabilities more closely together under common leadership. The broker has…
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Insurance Europe calls for action on climate change adaptation
Governments around the world must adopt “profound” climate change adaptation measures to reduce the risk exposure to natural catastrophes and…