Climate Change
-
November 8, 2022
Leading global corporates commit to boost action on climate change
Leaders from more than 50 of the world’s largest corporations have committed to flexing their ‘policy muscles’ to bring their…
-
November 8, 2022
UK issues climate transition framework ahead of mandatory disclosures
UK businesses will have to issue “gold standard”, standalone climate transition plans, including greenhouse gas reduction targets, under new recommendations…
-
November 8, 2022
Airmic says member survey reveals climate risk not getting proper attention
A new Airmic member survey suggests that climate change isn’t getting the attention it deserves among UK risk managers, despite…
-
November 8, 2022
Risk management and financing key as global warming targets slip
Climate change adaptation, risk management and financing efforts must be stepped up urgently as the Paris Agreement target of 1.5°C…
-
November 8, 2022
Munich Re says ‘sustainable offering’ only possible with higher prices
Munich Re reported a net profit of €527m in Q3, €1.9bn for the nine months and affirmed its 2022 targets,…
-
November 8, 2022
Global (re)insurers call for collective action to build resilience to climate change impacts
The Global Federation of Insurance Associations (GFIA) has called on the parties at COP27 to prioritise adaptation and the building…
-
November 7, 2022
Economic concerns move ahead of environmental and cyber risk in WEF survey
Business leaders in G20 countries are now most concerned by economic threats, according to the World Economic Forum’s (WEF) latest…
-
November 7, 2022
Blanc defends insurers over net-zero underwriting
Aviva CEO Amanda Blanc has defended the insurance industry’s role in the move to net zero as the UK develops…
-
November 3, 2022
Fitch warns ESG factors for insurers will leave some buyers without cover
Some commercial buyers as well as households could be left without cover as weather-related risks become more expensive and the…
-
November 3, 2022
French insurers significantly increase green investments
French insurers are following up promises to support the green transition with a significant increase in the level of green…
-
November 2, 2022
China hinders growth in sustainability reporting at world’s largest firms
Sustainability reporting is inching towards 100% at the world’s largest 250 companies (G250) but the figure remains unchanged since 2020…
-
November 2, 2022
Canadian insurance market stabilising but strict underwriting discipline remains, says Aon
The Canadian insurance market remains highly complex, and while overall market conditions are stabilising and there is increased competition, insurers…
-
November 1, 2022
EC report reveals fast-growing fire risk in Europe
The European Commission’s Joint Research Centre’s (JRC) report on fires in Europe, the Middle East and north Africa in 2021…
-
November 1, 2022
Zurich Resilience Solutions named preferred supplier for Worldwide Broker Network
Zurich Resilience Solutions will be the preferred supplier of resilience and sustainability services to the Worldwide Broker Network (WBN) from…
-
October 31, 2022
Companies must ‘walk the talk’ as modern slavery risk escalates, warns Verisk Maplecroft
A quarter of countries have recorded a significant increase in modern slavery risk since the launch of a key tracker…
-
October 27, 2022
Captives can be used for ESG risks but only so far…
Greater use of captives may help companies protect themselves against growing exposures around sustainability. However, risk managers should be wary…
-
October 26, 2022
UK regulator to crack down on greenwashing
UK investment firms and fund managers marketing their products as sustainable or green will have to be able to substantiate…
-
October 25, 2022
New global flood risk tools launched by JBA Risk Management
A comprehensive set of global climate change tools focused on flood risk has been launched by JBA Risk Management, allowing…
-
October 24, 2022
Fears over climate change and geopolitical risk grow in AXA poll
Climate change has now become the number one risk across all regions of the world in AXA’s annual poll of…
-
October 20, 2022
Munich Re warns ‘bleak’ economic outlook for Europe will drive pricing
Munich Re said the outlook for Europe’s economies has become “bleaker” in the past few weeks, as it warned insurers…