Sustainability
Urbanisation and inflation drives ballooning SCS losses
Macroeconomic and socioeconomic reasons, rather than weather or climate factors, are causing rapid increase in severe convective storm losses, according to Gallagher Re
California authority calls for state-backed wildfire cover
Agency backs stronger measures to extend wildfire cover and more mitigation
Insurance Day publishes climate risk special report
With every key climate indicator now flashing red, re/insurers must up their game in tackling climate risk
CSU forecasts below-average 2026 Atlantic hurricane season
Colorado State University forecasts 13 named storms for 2026, with below-average landfall probabilities across the US and Caribbean
Nature treaty preserves IMO’s mandate: Osborn
International Maritime Organization’s head of marine environment explains how the Biodiversity Beyond National Jurisdiction Agreement impacts shipping
Insurers must help society build a culture of prevention: Bacani
United Nations Environment Programme’s head of insurance explains why re/insurers must occupy the front line of climate strategies
Market ‘only scratching the surface’ of parametric potential
The appeal and utility of parametric insurance is growing, and the interpretation of basis risk is evolving, Guy Carpenter’s Guillermo Franco and Iceye’s Anke Sielker say
Oak Global opens climate and tech division
Lloyd’s firm’s new division will underwrite risk solutions across property, specialty and credit classes of business
Was COP30 a turning point for insurers?
The role of the insurance industry is more crucial than ever
Recalibrating climate risk and insurance
An endless stream of priorities passes through government, some deserving of urgent attention, some not. But the looming insurability crisis has never been one of them.
US think tank proposes federal reinsurance fund
Brookings Institute proposal would see federal agency take on ‘extreme tail’ risks to support property insurers
Peak nat cat year could produce $400bn+ in losses by 2030
Reinsurance giant warns of inflationary shock from Iran war and encourages adaptation
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