Climate Risk
News, insights and thought leadership for re/insurance professionals with an interest in Climate Risk

Analysis: Warming Africa threatens insurers' quest for profit - Reuters

The world's biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits...
The world's biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits...
reuters.com / Article / 22 days ago

What do the Bank of England’s CBES results mean for insurers?

Following the Bank of England’s publication of the results of its flagship Climate BES exercise, the ABI reflects on what these results mean for the insurance and long-term savings industry...
Following the Bank of England’s publication of the results of its flagship Climate BES exercise, the ABI reflects on what these results mean for the insurance and long-term savings industry...
Article / 1 month ago

Bank of England tells banks to take climate action now or face slashed profits - Reuters

Banks and insurers which fail to properly manage climate risks could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of England said on Tuesday...
Banks and insurers which fail to properly manage climate risks could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of England said on Tuesday...
reuters.com / Article / 1 month ago

UK Climate Stress Test for Banks, Insurers Is the Toughest Yet

The UK’s latest supervisory climate stress test for banks and insurers is the world’s toughest yet, Fitch Ratings says, with some institutions’ capital ratios under the 30-year scenarios likely...
The UK’s latest supervisory climate stress test for banks and insurers is the world’s toughest yet, Fitch Ratings says, with some institutions’ capital ratios under the 30-year scenarios likely...
Article / 1 month ago

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Highlighted

Vulnerability a key driver of emerging-world climate policy commitments, states new WTW analysis
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Gallagher Re invests in climate risk resilience and adaptation offering with new global practice
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The ESG Insurer June 2022
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ESG Is Becoming a Critical Element of M&A
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Post Event: June 2022 Europe Severe Thunderstorms
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Flooding and droughts forecast to cost cities $194bn annually
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Climate change: UN senior official spells out what insurers can do to help halve emissions by 2030
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The Insurer TV: Bermuda Premier pledges to enhance London collaboration
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