Sustainability
US insurance regulators increase focus on climate risk mitigation
The National Association of Insurance Commissioners has made property improvements central to its new climate resilience strategy, but some fear these efforts may not be enough
In climate risk analysis, do not be blindsided by numbers
Re/insurers should think about climate data storylines, rather than fixating on modelling outputs, Lloyd’s director of portfolio risk management, Kirsten Mitchell-Wallace, says
What re/insurers can do for climate adaptation and resilience
As the world’s biggest risk aggregators, re/insurers can play a crucial role in adaptation and resilience to climate change, UN official Dirk Wagener says
Insurance Development Forum lauds progress in 2023
Insurance Development Forum has 42 projects across 30 countries as well as eight country missions on disaster risk reduction and anticipatory action
Viewpoint: Ten lessons from Dubai flooding event
Dubai’s recent cataclysmic flooding highlights the urgent need for improved flood resilience and preparedness measures
Catastrophe models must keep pace with climatology: Karen Clark
Pioneer of catastrophe modelling urges re/insurers to switch focus from static event sets to dynamic science
Amboss launches with takeover of Oilfield’s Switzerland business
Managing general agent will focus on energy sector and climate transition
UAE flooding insured losses could top $850m: Guy Carpenter
Reinsurance broker says floods could raise awareness of underinsurance, as AM Best maintains stable outlook on region’s insurance sector
Re/insurers invited to learn ocean science for human good
Arizona State University and Bermuda Institute of Ocean Sciences ‘uniquely placed’ to offer insights into ocean ecology, industry veteran Stephen Weinstein says
Climate risk demands a fresh take on investment return
The real currency of adaptation and resilience is natural capital, the director of Resilient Planet Finance Lab says
Nature degradation ‘could cause a 12% loss’ to UK GDP
Three-quarters of the UK has a high level of ecosystem degradation, making it one of the most ‘nature-depleted’ countries in the world
UN launches Forum for Insurance Transition to Net Zero
UN-led forum learns from the experience of the now-discontinued Net-Zero Insurance Alliance, the UN Environment Programme’s head of insurance, Butch Bacani, says
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