All Climate Change articles
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Analysis
KLM faces ‘greenwashing’ lawsuit
Legal action focuses on KLM’s Fly Responsibly ad campaign which gives a ”false impression” of its sustainability
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Analysis
Net Zero could double size of London market
Supporting insureds on their transition journeys could generate $125 billion by 2030 - LIIBA
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Analysis
Q1 nat cat losses reach $32 billion
Climate-related losses are likely to escalate with every additional increment of global warming - Aon
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Analysis
SEC proposes standardised climate reporting
Proposed rules are designed to make it easier for investors to understand the potential impact of climate-related risks
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Analysis
Biodiversity risk to become material by 2024
Corporates have just two years to improve due diligence around biodiversity throughout their value chains - report
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Analysis
IPCC: “Half measures no longer an option”
Report calls for ”urgent actions” as increased heatwaves, droughts and floods exceed biodiversity thresholds
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Analysis
Gallagher Re: 2021 third largest cat year for re/insurers
Reinsurance broker urges a rethink of the impact from “secondary perils” as extreme weather events drive loss tally
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Analysis
1-in-4 UK properties at risk of flood
Flood defences could reduce losses by an estimated 360% across river, surface water and coastal flooding - JBA
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Analysis
Insurers must offer innovative flood solutions
Firms are struggling to access affordable flood coverage as the impact of climate change becomes more apparent
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Analysis
Marsh expands climate transition offering
Collaboration with deep tech data analytics platform will help corporations understand, manage, and report on their net zero journey
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Analysis
UK consortium to tackle systemic risk
Backed by Pool Re, it will support the creation of private-public solutions and develop new risk transfer products
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Analysis
2021 catastrophe claims tally reaches $112 billion
The costliest event in Europe was the July flooding in Germany, Belgium and nearby countries, causing up to $13 billion in insured losses
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Opinion
Should insurers lead the climate march?
If the politicians won’t go to battle against climate change, maybe insurers have the power to drive behavioural change
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Analysis
Zurich initiative to help flood victims ‘build back better’
The insurer aims to help customers that are victims of repeated flooding by setting out a formal process for loss adjusters to follow
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Analysis
Firms failing to address environmental risk
Environmental issues are bottom of business leaders’ concerns and set to fall further in 2022, finds Beazley
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Analysis
Insurers’ sustainability focus a “clarion call”, says BlackRock
95% of insurers equate climate risk with investment risk and are prioritising sustainable investment
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Analysis
COP26: Global resilience index launches
GRII will help sectors across the global economy quantify the value of building climate resilience, and the costs of doing nothing
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Analysis
COP26: Risk management “central” to climate mitigation
Insurance industry has a “unique contribution” in advancing understanding and sharing of climate-related risks - report
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Analysis
COP26 "must be a turning point" - UN
As the World Leaders Summit gets underway in Glasgow, WMO warns the past seven years were the hottest on record
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Analysis
ESG champions to receive preferred D&O terms
Marsh’s initiative involves AIG, Berkshire Hathaway, Sompo International and Zurich North America