Climate Change
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Supply chain risk and government policies top barriers to renewables growth: KPMG
Supply chain risks are among the main barriers to scaling renewable energy to replace fossil fuels, according to a survey…
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Firms urged to embrace innovation to turn EU’s ESG rules into competitive advantage
European companies can turn the raft of EU ESG regulations into a competitive advantage rather than a disadvantage by focusing…
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Climate and net-zero disclosure falling short, finds EY
Disclosures about climate risk and how corporates will meet net-zero targets are “falling short”, says EY in its latest Global…
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Time for risk managers to step up to the plate on ESG risks, says Anra
Corporate sustainability is now a matter of “how” not “if” and must be fully incorporated into risk frameworks to manage…
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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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EU and Canada sign disaster risk management partnership deal
The European Commission and Canada have agreed to enhance ties in civil protection and disaster risk management. During the recent…
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Australian insurance industry ramps up efforts to achieve net-zero emissions
The Insurance Council of Australia (ICA) has released an updated version of its climate change roadmap, outlining the industry's commitment…
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Risk management overload a top business risk in 2024, warns Control Risks
The never-ending spate of polycrisis and global tensions means that risk management overload has become one of the top five…
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Auditors urge companies to do more to tackle ESG supply chain risk
Businesses should do more to tackle climate hazards running through supply chains, says the Chartered Institute of Internal Auditors (CIIA).…
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Sustainability Directive big opportunity for risk managers but will require more resource, says rapporteur
The Corporate Sustainability Due Diligence Directive (CSDDD) will enable risk managers to get the attention of boards but will cost…
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Lloyd’s consults on supporting clients to net zero
Lloyd’s has launched a consultation among member firms on how it will insure customers as they transition to lower-carbon business…
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Uncapped government backstop needed for ‘uninsurable’ cyber and climate risk: Geneva Association
Systemic and emerging risk is reaching the limits of insurability, in particular for climate and cyber threats, says a new…
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Mandatory risk prevention measures needed to close German insurance gap
The German Insurance Association (GDV) has repeated its call for mandatory loss prevention and risk mitigation measures to be introduced…
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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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New London-based MGA launched by climate risk underwriter Arbol
Climate risk solutions provider Arbol is expanding into the UK with the launch of a new London-based MGA that will…
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Chaucer warns areas of windfarm market tough for buyers
Risk managers of new windfarms in areas exposed to extreme weather risks and those operating ageing windmills have been warned…
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Transition plans and ESG transparency vital for cover as insurers grapple with EU rules
Insurers will only be able to fully support European clients that comply with a raft of new EU ESG rules…
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Ivass ramping up pressure on Italian insurers’ ESG credentials
The Italian insurance supervisor Ivass will more closely monitor the sustainability related investment and underwriting activities of insurers after its…
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Economy, energy and weather big risks for Italian firms, finds WEF survey
Economic downturn, energy supply shortage and extreme weather events are the top three risks facing Italian companies over the next…
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Italian risk managers must prepare for due diligence rules
Italy is lagging behind other leading European nations in the adoption of national laws to ensure that organisations are carrying…