A US insurance firm with at least $2 billion in exposure to Thames Water Utilities Finance Plc is working...
Climate change will cost about $38 trillion a year by 2049, a new study calculates - AP News
A new study says climate change will reduce future global income by about 19% in the next 25 years compared to a fictional world that’s not warming...
A new study says climate change will reduce future global income by about 19% in the next 25 years compared to a fictional world that’s not warming...
apnews.com /
Article / 13 days ago
Insider in full: Supply-chain cost pressure still front of mind for insurers
Fragile supply chains are driving up costs.
Fragile supply chains are driving up costs.
Article / 3 months ago
Netherlands
During and after the COVID-19 pandemic, a significant wave of bankruptcies was expected...
During and after the COVID-19 pandemic, a significant wave of bankruptcies was expected...
Article / 3 months ago
Australia
In Australia, 2023 was the first 'normal' year since 2019. Public health concerns, however, were replaced by economic pessimism...
In Australia, 2023 was the first 'normal' year since 2019. Public health concerns, however, were replaced by economic pessimism...
Article / 4 months ago
What 6 key challenges will insurers face in 2024?
Climate change, Artificial Intelligence and ESG top this year's predictions in latest edition of Annual insurance review from international law firm RPC...
Climate change, Artificial Intelligence and ESG top this year's predictions in latest edition of Annual insurance review from international law firm RPC...
PR / 4 months ago
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
Barbados and beyond: EU's lending arm working on string of 'debt-for-climate' swaps - Reuters
The EU's lending arm, the European Investment Bank, is lining up a string of "debt-for-climate" swaps where countries from the Caribbean to Africa would get their debt bills cut in return for combating, or adapting to, global warming.
The EU's lending arm, the European Investment Bank, is lining up a string of "debt-for-climate" swaps where countries from the Caribbean to Africa would get their debt bills cut in return for combating, or adapting to, global warming.
reuters.com /
Article / 6 months ago
Climate change puts sovereigns at downgrade risk, study finds - Reuters
A global failure to curb carbon emissions will lead to rising debt-servicing costs for 59 nations within the next decade, according to a study that simulated the economic impact...
A global failure to curb carbon emissions will lead to rising debt-servicing costs for 59 nations within the next decade, according to a study that simulated the economic impact...
reuters.com /
Article / 9 months ago
Ratings Firms Struggle With Climate Risk in $133 Trillion Market
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a clear example of the costs of a...
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a clear example of the costs of a...
Article / 9 months ago