The project is already devastating local communities and will contribute to climate change if completed.....
APAC Sovereigns Exposed to Flooding Risks Have Limited Capacity to Adapt
Several sovereigns in the Asia-Pacific region are highly exposed to physical risks from climate change, while their adaptation capacity is limited, particularly...
Several sovereigns in the Asia-Pacific region are highly exposed to physical risks from climate change, while their adaptation capacity is limited, particularly...
PR / 4 months ago
El Nino Phenomenon Could Pressure Vulnerable Sovereigns
Environmental stresses associated with El Nino weather conditions could add to the fiscal, growth, inflationary and external liquidity challenges facing vulnerable sovereigns, says Fitch Ratings....
Environmental stresses associated with El Nino weather conditions could add to the fiscal, growth, inflationary and external liquidity challenges facing vulnerable sovereigns, says Fitch Ratings....
PR / 6 months ago
Asia’s Reinsurers Review Strategies Amid Hard Market and Climate Risks
Asia's reinsurers continued to experienced hard market conditions in 2023 to offset the impact of inflation-induced rising claims, climate change and...
Asia's reinsurers continued to experienced hard market conditions in 2023 to offset the impact of inflation-induced rising claims, climate change and...
PR / 8 months ago
Sustainable Fitch: Climate Scenario Limitations Are Surfacing as Usage Rises
Climate scenario analysis is a key tool for evaluating complex physical and transition risks, but is not reaching its potential due to scenario limitations and a lack of...
Climate scenario analysis is a key tool for evaluating complex physical and transition risks, but is not reaching its potential due to scenario limitations and a lack of...
PR / 12 months ago
CEE Sovereigns Face Climate Change Decarbonisation Transition Risks
The transition cost to a lower-carbon economy is one of the main climate change risks facing sovereigns, and is something that will affect economic activity,...
The transition cost to a lower-carbon economy is one of the main climate change risks facing sovereigns, and is something that will affect economic activity,...
PR / 1 year ago
State Support Mitigates Chinese Issuers’ Physical Climate Risk Exposure
The potential for an increase in natural disasters as a result of extreme climate phenomena will remain high in China, but government support should mitigate the negative credit impact on issuers’ profiles...
The potential for an increase in natural disasters as a result of extreme climate phenomena will remain high in China, but government support should mitigate the negative credit impact on issuers’ profiles...
Article / 2 years ago
Latin American Reinsurance Market Challenged by Economic Turbulence and Climate Change
Fitch Ratings forecasts a broadly stable underlying level of profitability for the global reinsurance sector in 2022 and 2023 as price increases and rising reinvestment yields...
Fitch Ratings forecasts a broadly stable underlying level of profitability for the global reinsurance sector in 2022 and 2023 as price increases and rising reinvestment yields...
Article / 2 years ago
Reinsurers Diverge on Appetite for Catastrophe Risk
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Reinsurers’ appetites to offer cover for property-catastrophe risk are diverging as climate change makes weather-related losses increasingly frequent, severe and volatile...
Article / 2 years ago
Reinsurance Challenged by Inflation and Climate Change
Covid-19 pandemic-related claims are likely to linger for the remainder of the year, but Fitch Ratings expects claim severity to subside as the world continues to adapt...
Covid-19 pandemic-related claims are likely to linger for the remainder of the year, but Fitch Ratings expects claim severity to subside as the world continues to adapt...
Article / 2 years ago
Basel Climate Principles Will Raise Reputational Risk for Banks
The Basel Committee on Banking Supervision’s principles for the effective management and supervision of climate-related financial risks will lead to...
The Basel Committee on Banking Supervision’s principles for the effective management and supervision of climate-related financial risks will lead to...
Article / 2 years ago
