All Climate Change articles – Page 3
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Analysis
European floods hit over 70,000 properties
Total insured losses could reach €5 billion as Airmic CEO Graham says even climate scientists “were shocked”
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Analysis
Europe counts cost of severe weather
Insurers face up to $4.5 billion in claims after the costliest severe storm period on record in Europe - Aon
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Analysis
Prince Charles and global insurers join forces on climate change
Lloyd’s chairman says that ’partnership and accelerated action’ can help address ‘unprecedented’ climate change risk
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Analysis
Climate warning for cotton/apparel industry
One third of India’s cotton growing regions face severe climate risks by 2040 if carbon emissions continue to soar
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Analysis
Rome to feel as hot as Agadir, Morocco, by 2050
European cities will increasingly experience pressure on power and water supplies due to regular heatwaves, warns Verisk Maplecroft
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Analysis
UK ill-prepared for climate change - CCC
Report emphasises need for risk mitigation as nearly 60% of risks and opportunities are given the highest urgency score
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Analysis
BoE launches climate stress test for banks, insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
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Analysis
Climate: Tide turns on energy firms
After Shell and ExxonMobil, why climate change in major emerging markets could be next legal battleground for energy firms
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Analysis
Environmental risks, climate change threatens megacities
Firms must align climate risk assessments with the recommendations of the TCFD to build greater resilience - Verisk Maplecroft
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Analysis
Hail drives US cat losses in April
Western and central regions of Europe experienced a significant cold spell within the first week of April, with temperatures well below freezing
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Analysis
Cyber tops risk concerns for financial firms
Analysis of $1 billion of insurance industry claims show cyber incidents, including crime, is the top cause of loss - AGCS
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Analysis
Physical climate risk to test limits of diversification - Fitch
Companies with strong internal coordination and contingency planning will be better placed to respond to climate shocks
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Analysis
WTW launches climate transition risk framework
New tool will assess companies’ transition plans to a low-carbon economy and ensure firms can continue to access insurance
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Analysis
Financial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
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Opinion
A smarter approach to business travel
How can businesses balance the bottom line with environmental responsibility when planning their post pandemic business travel?
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Analysis
Global climate stress test launches on Earth Day 2021
World economy set to lose up to 18% GDP from climate change if no action taken - Swiss Re Institute
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Analysis
COVID-19 a “foretaste” of climate shocks
Effective governance is at the heart of addressing climate risk and transitioning to a low carbon economy - Clyde & Co
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Analysis
Energy sector undergoes rapid transformation
WTW report highlights the importance of using risk quantifications and analytics to conduct energy transition initiatives
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Analysis
BCI: COVID-crisis to fuel political risk
Non-occupational disease tops the list of concerns, with mental health, cyber and climate risks also high on the agenda
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Analysis
Nat cats cost global economy $190 billion in 2020
While COVID-19 was a stress test for society and the economy, it has an expiry date – climate change does not, warns Swiss Re chief economist