Climate Change
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Emissions raise flood risk by up to 49% by 2100
The ability to cut greenhouse gas emissions will be a critical factor in global flooding levels over the course of…
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Funk focuses on climate adaption strategies for German firms
Leading independent German and international broker Funk has teamed up with Intelligent Energy Services (IE2S) to develop climate adaption strategies…
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German insurers drive climate-resilient building
German insurers have been issued with new guidelines to make homes more resilient to climate risks when they are repaired…
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Green exposures steer energy companies to captives
Concerns over climate change are driving more companies to embrace green technology, but the move is changing the nature of…
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US records 19 weather events breaking $1bn in losses
In the first seven months of 2024, the US has faced 19 confirmed weather/climate disaster events with losses exceeding $1bn…
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Zurich urges companies to open up on energy transition risks
Stronger collaboration with clients is the only real way to overcome a lack of data on emerging risks created by…
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Asia needs integrated approach to floods
A new study from the Asia Development Bank (ADB) has found that average annual damage from coastal flooding under the…
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Belgian risk managers concerned about mounting EU regulation
Leading Belgian risk managers we spoke to as part of our Risk Frontiers Europe survey fear that regulatory reporting requirements…
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Nat cat losses in H1 show clear evidence of climate change – Munich Re
The insurance sector and society at large must do more to adapt to climate change in order to mitigate the…
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AI and disruptive tech named as top emerging risk by risk managers
Artificial intelligence (AI) and other disruptive technologies have been identified as the top emerging risk by a survey of risk…
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Parametric and partnership focus for cat risks
Speakers at the recent 20th Asia Nat CAT and Climate Change Summit 2024 held in Manila, Philippines discussed the crucial role…
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Three-quarters of firms not ready for megatrend risks amid volatility, finds Aon
Nearly three-quarters of c-suite and other executives fear that their business isn’t moving fast enough to address “megatrend” risks across…
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CSDDD raises risk of doing business with China
A recent paper on the European Union Corporate Sustainability Due Diligence Directive (CSDDD) published by the European Business Organisation Worldwide…
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Swiss buyers cite property, ESG and cyber among remaining areas of market concern
Insurance market conditions are improving for Swiss buyers but there remain areas of concern such as cyber, international property, transition…
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Tindall Riley & Co joins ClimateWise
Tindall Riley & Co is the latest insurance business to join ClimateWise, the collaboration of international insurance organisations responding to…
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Lower sulphur shipping fuels accelerating global temperature rise, warns Moody’s RMS
New shipping regulations introduced by the International Maritime Organization (IMO) to reduce sulphate emissions from vessels could be the “culprit”…
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Companies should review exposure to climate change liability, says Marsh
The growing number and expanding nature of climate litigation cases has highlighted the need for businesses to review their exposure…
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Generali support adds momentum to insurer-led resilience infrastructure project
Generali has become the second European insurer to add its support to the resilience infrastructure project launched by the Insurance…
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German insurers ‘disappointed’ by watered-down climate law
Germany’s insurers say they are disappointed by the country’s Climate Adaptation Act, just days after it came into force. German…
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EU net-zero progress ‘too slow’, experts warn
Europe’s progress to climate neutrality by 2050 remains “too slow”, according to the independent net-zero monitor European Climate Neutrality Observatory…