ESG Climate Risk
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September 7, 2023
Insurers face challenges over weather-related risk as reinsurers pull back
Insurers are facing larger and more unpredictable weather-related losses as a result of growing insured exposures, high reconstruction costs and…
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September 5, 2023
PPPs needed in Italy and at European level to tackle climate change risk
Public private partnerships (PPPs) are seen as an increasingly important tool to help build resilience at national level for a…
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August 21, 2023
Aon warns liability market could tighten in face of nat cat risk
Natural catastrophe risk proved to be “monumental” in the first half of 2023, according to an Aon report, which warns…
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August 15, 2023
Insured wildfire losses in Hawaii at least $1bn, says RMS
Insured losses from the wildfires that hit Maui and the Big Island of Hawaii last week will likely reach at…
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August 14, 2023
Forecasters now expect above-normal Atlantic hurricane season
There is a new consensus on the current hurricane season, with forecasters now predicting an 'above-normal’ season bringing more hurricanes…
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August 14, 2023
Hawaii wildfire damages to cost billions of dollars: Aon
Wildfires that hit parts of Maui and the Big Island of Hawaii last week will likely cause economic damages into…
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August 9, 2023
First half insured nat cat losses 54% above ten-year average: Swiss Re
Global insured nat cat losses reached $50bn in the first half of this year, 54% above the ten-year average of…
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August 2, 2023
Mapfre partners with Lobelia Earth on climate change portfolio assessment pilot
Spanish insurer Mapfre has partnered with climate data firm Lobelia Earth to explore the ability to predict the impact of…
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August 1, 2023
Extreme heat could make areas uninsurable says Spanish insurer
The CEO of Spain’s largest insurer has suggested that climate change and the rise in temperatures could leave some areas…
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July 27, 2023
WTW launches ESG and climate-related risk tool
WTW has launched Climate Vista, a tool designed to help company boards and senior management better understand their exposure to…