Climate Change
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January 5, 2022
Risk landscape reset amid complex and changing renewals, says Howden
An already complex underwriting environment has been complicated further by the mix of heightened secondary catastrophe perils, rising core inflation,…
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December 24, 2021
Lloyd’s Asia launches new renewable energy consortium
Lloyd’s has launched a new renewable energy consortium to respond to the growing needs of companies operating in the Asia-Pacific…
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December 23, 2021
Big rise in climate litigation against business and governments next year, says Clyde & Co
Clyde & Co predicts a “sharp increase” in strategic climate change litigation against European businesses and governments next year to…
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December 17, 2021
UK managers fear rising personal liability over ESG issues, finds QBE survey
Senior managers at UK businesses fear they are facing higher levels of personal liability from their firm’s climate exposures and…
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December 17, 2021
Marine insurers back decarbonisation scheme
A number of marine insurers have signed up to an initiative designed to bring more transparency and urgency to the…
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December 16, 2021
US tornadoes not a capital event for (re)insurers, but add to pricing pressure, says Fitch
The recent tornadoes across Kentucky, Arkansas, Illinois, Mississippi, Missouri and Tennessee are expected to generate significant economic and insured losses,…
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December 16, 2021
Amrae members playing limited role in climate risks and unhappy with insurance solutions
French risk managers still play a limited role in managing climate change risks and are unhappy with the solutions offered…
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December 15, 2021
European insurers ‘vulnerable’ to cyber and climate risk, warns Eiopa
Climate and cyber risk are “top” of the European Insurance and Occupational Pensions Authority’s (Eiopa) agenda, with later identified as…
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December 13, 2021
Lloyd’s accused of greenwashing as it stops short of mandating coal exit
Lloyd’s has been accused of “greenwashing” and “abandoning” climate commitments to stop covering fossil fuels by an action group that…
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December 9, 2021
Insurers urged to boost solutions for carbon market
Insurers have been slow to come up with solutions for the carbon market and nature-based solutions to limit global warming,…
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December 9, 2021
Marsh McLennan names Zurich’s Bouchard MD of climate
Marsh McLennan has appointed Francis Bouchard as managing director of climate in its Advantage team, which helps clients develop resilience…
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December 8, 2021
Forthcoming GRI biodiversity standard gets EU and wider backing
A new Global Reporting Initiative (GRI) biodiversity standard has gained the backing of key organisations and will form the basis…
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December 7, 2021
Arch and Fidelis sign up to WTW’s carbon-transition accreditation system
Arch Insurance International has become the latest insurer to back Willis Towers Watson’s (WTW) Climate Transition Pathway (CTP) with its…
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December 6, 2021
Risk managers being put to severe test, says ANRA treasurer
Alberino Battagliola, corporate insurance manager of a multinational group and Anra treasurer, gives CR Italia an overview of the market…
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December 2, 2021
Swiss Re calls for European climate plan
Swiss Re’s chief executive has called for a proper European-wide plan to tackle climate change and direct investments to adaptation…
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November 30, 2021
No let-up in health and security risks next year, predicts International SOS survey
Despite an unquestionably risky 2021, more than two thirds (68%) of organisations think employee health and security risks will increase…
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November 26, 2021
Italian insurers launch nat cat risk tool
A tool to help Italian companies assess the risk of a natural disaster has been launched by the Italian Association…
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November 26, 2021
Zurich maps out climate risk assessment pathway for corporates
Zurich Insurance is encouraging corporates to use catastrophe models and methodologies to assess climate change risk and weigh up investments…
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November 24, 2021
Climate Change Resilience: What it takes
David Bresch, Professor for Weather and Climate Risks at ETH Zurich and Amar Rahman, Head of Climate Change Resilience Services,…
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November 24, 2021
Anti-coal campaign against Convex parks up at London Market Conference
Environmental group Market Forces has targeted Convex Insurance at the London Market Conference, which is taking place in the city…