State-backed UK terrorism reinsurer Pool Reinsurance Company Ltd. is "very confident" that its members wi...
NAIC head: Federal role, climate, AI on state insurance regulatory agenda
State insurance regulators are willing to work with the federal government but continue to maintain that they are best positioned to oversee the industry.
State insurance regulators are willing to work with the federal government but continue to maintain that they are best positioned to oversee the industry.
Article / 15 days ago
An Apparel Company Assesses Climate Risks to Its Supply Chain
Highlights Climate risks cannot be ignored given their potential impact on supply chains. More firms are assessing potential supplier vulnerabilities and accessing associated data via...
Highlights Climate risks cannot be ignored given their potential impact on supply chains. More firms are assessing potential supplier vulnerabilities and accessing associated data via...
Article / 22 days ago
US SEC scales back final climate disclosure rule, litigation begins
Publicly traded companies must report climate-related financial risks such as sea level rise to investors under regulations finalized by the SEC....
Publicly traded companies must report climate-related financial risks such as sea level rise to investors under regulations finalized by the SEC....
Article / 22 days ago
Bracing for El Niño’s impact
Although El Niño tends to peak in November to February, its impact will last longer...
Although El Niño tends to peak in November to February, its impact will last longer...
Article / 4 months ago
Case Study: Physical and Transition Climate Risk – Two sides of the Same Coin?
Climate risk professionals are often faced with debates and discussions about the necessity for assessing both, physical and transition risk in an integrated...
Climate risk professionals are often faced with debates and discussions about the necessity for assessing both, physical and transition risk in an integrated...
Article / 6 months ago
Calif. lawmakers bullish on sweeping climate risk, emissions reporting bills
California lawmakers are poised to pass two bills that would require any company that does business in the state and has total annual revenue of $1...
California lawmakers are poised to pass two bills that would require any company that does business in the state and has total annual revenue of $1...
Article / 8 months ago
Companies face 'massive growth' in litigation over climate claims
Climate litigation arguments are becoming more widespread and complex, presenting added legal jeopardy for companies with carbon neutrality claims, a new report suggested....
Climate litigation arguments are becoming more widespread and complex, presenting added legal jeopardy for companies with carbon neutrality claims, a new report suggested....
Article / 9 months ago
European Central Bank’s Climate Risk Stress Testing: The Need to Address Shortfalls
The results of the European Central Bank (ECB) climate risk stress test published in July 2022 show that banks have not yet sufficiently incorporated climate risk into their stress-testing frameworks and internal models...
The results of the European Central Bank (ECB) climate risk stress test published in July 2022 show that banks have not yet sufficiently incorporated climate risk into their stress-testing frameworks and internal models...
Article / 2 years ago
Path to net-zero: Get-out clauses undermine insurers' climate targets
Several of the top global insurers are upping their efforts to cut carbon emissions from investment and underwriting portfolios, but gaps remain in their policies...
Several of the top global insurers are upping their efforts to cut carbon emissions from investment and underwriting portfolios, but gaps remain in their policies...
Article / 2 years ago
Potential for federal climate risk intervention draws insurance industry ire
The National Association of Professional Insurance Agents said the state insurance regulatory system has worked well for more than a century and called the existence of the Federal Insurance Office...
The National Association of Professional Insurance Agents said the state insurance regulatory system has worked well for more than a century and called the existence of the Federal Insurance Office...
Article / 2 years ago