Climate experts say the floods that sent rivers of mud tearing through towns in Italy’s northeast this we...
EU regulators set out ideas to plug climate 'insurance gap' - Reuters
Issuing "catastrophe bonds" and setting up public-private partnerships could help plug the "insurance gap" to better cover damage from climate change...
Issuing "catastrophe bonds" and setting up public-private partnerships could help plug the "insurance gap" to better cover damage from climate change...
reuters.com /
Article / 1 month ago
Lloyd’s of London offers to insure NHS for unexpected costs such as pandemic - The Guardian
Head of insurance market floats idea of giving government bespoke flood and drought cover...
Head of insurance market floats idea of giving government bespoke flood and drought cover...
theguardian.com /
Article / 2 months ago
Climate Change Is Destabilizing Insurance Industry - Scientific American
Insurers face a “crisis of confidence” as global warming makes weather events unpredictable and increases damage...
Insurers face a “crisis of confidence” as global warming makes weather events unpredictable and increases damage...
scientificamerican.com /
Article / 2 months ago
Central Bank urges insurance firms to shield themselves against risks emerging from the climate crisis - IE
The warning comes after the report found only 20% of insurers fully integrate climate change risk into their management framework...
The warning comes after the report found only 20% of insurers fully integrate climate change risk into their management framework...
irishexaminer.com /
Article / 2 months ago
Industry tells Congress sector has climate risk appetite but public-private partnerships key
Insurance industry representatives have testified to a US Senate hearing on climate change stating that the sector has an appetite to assume climate...
Insurance industry representatives have testified to a US Senate hearing on climate change stating that the sector has an appetite to assume climate...
Article / 2 months ago
Bermudian commercial insurers must submit climate-change risk assessments by 2025
Bermudian commercial insurers will need to provide a solvency self-assessment from year-end 2023 summarising the impact of climate-change risk on...
Bermudian commercial insurers will need to provide a solvency self-assessment from year-end 2023 summarising the impact of climate-change risk on...
Article / 3 months ago
ESG - Climate of change
Alison Steed examine the insurance profession's progress on the journey to net zero...
Alison Steed examine the insurance profession's progress on the journey to net zero...
Article / 3 months ago
“Phased-in” approach needed for climate-related disclosures, insurers say
The Insurance Council of Australia (ICA) has called for a “phased-in approach” to climate-related financial disclosures....
The Insurance Council of Australia (ICA) has called for a “phased-in approach” to climate-related financial disclosures....
Article / 3 months ago
Canada Financial Watchdog Sets Rules for Insurers, Banks on Climate Risk Disclosure
Canada’s financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms to assess and disclose...
Canada’s financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms to assess and disclose...
Article / 3 months ago
3 Key Takeaways From FIO Proposal
The Federal Insurance Office's proposal on collecting more data to improve understanding of the impacts of climate change is a great start -- but can be improved....
The Federal Insurance Office's proposal on collecting more data to improve understanding of the impacts of climate change is a great start -- but can be improved....
Article / 4 months ago