Climate Change
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December 18, 2023
Money Rebellion holds further protests to stop insurers covering new fossil fuel projects
Climate protestors have targeted the UK offices of insurers that are yet to rule out covering the proposed West Cumbria…
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December 13, 2023
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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December 12, 2023
Swiss supervisor focuses on risks of climate change and nature degradation
The Swiss Financial Market Supervisory Authority FINMA is taking various measures to implement the relevant recommendations of the Network for…
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December 11, 2023
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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December 5, 2023
UK creates resilience academy as risks accelerate
The UK is to create a new resilience academy to combat the increasingly complex risks faced by the country, including…
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December 5, 2023
Storm Babet-Aline to cost insurers €509m, estimates Perils
Insured losses from storm Babet-Aline, which caused high winds and flooding in the UK and northwestern Europe in October, have…
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December 5, 2023
Aon partners to boost Africa’s crop insurance capacity
Aon said a partnership with the African Development Bank (AfDB) and AI startup Amini will increase crop insurance capacity across…
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December 4, 2023
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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November 30, 2023
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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November 29, 2023
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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November 29, 2023
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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November 29, 2023
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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November 28, 2023
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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November 28, 2023
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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November 27, 2023
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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November 24, 2023
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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November 24, 2023
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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November 24, 2023
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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November 24, 2023
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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November 23, 2023
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…