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Sustainability

 

 

California warned of $2trn wildfire coverage gap

State regulations blamed for hindering insurers’ ability to properly price insurance cover in California and pass on the burden of rising reinsurance costs

United States Climate change

The Los Angeles wildfires raise three critical modelling questions

To ensure wildfire models remain relevant and robust in this fast-evolving risk landscape, insurers, reinsurers and risk managers must critically evaluate the models they use

United States Climate change

Captives can help drive climate finance: WTW’s Hamm

WTW’s head of catastrophe and climate risk management describes how captive insurance companies could play a key role in climate finance

International Climate change

CFC becomes approved provider for UN-backed carbon credit scheme

By providing cover CFC will also be supporting the eligibility of carbon capture project under the scheme

International Specialty

Q3 catastrophe losses well below average amid ‘lucky’ hurricane season

Insured losses come in at less than $15bn for the quarter thanks to lack of hurricanes as year-to-date losses fall below average, according to Gallagher Re

International North America

Green transition ‘requires more sophisticated insurance products’

Investment in transition technologies requires a combination of specialist financial lines insurance and more traditional covers, Tokio Marine GX chair, Fraser McLachlan, says

International Energy

Geopolitical volatility enters top 10 global risks for first time

Executives increasingly view trade tensions and shifting alliances as critical threats, with most businesses still underprepared to manage the fallout, Aon survey finds

International Aon

Aon unveils new transition risk tool

Service collates hard-to-find data to help clients deal with decarbonisation

Climate change Aon

Insurer pressure not driving climate adaptation

Three-fifths say they spend enough on climate mitigation

International Climate change

Everest Re targets renewable energy growth

Reinsurer's global specialty division is seeking to tap into growth opportunities arising from the net-zero transition

International Reinsurance

Lloyd’s Lab ‘critical’ for MGA Kita’s success

Lloyd’s Lab offers unique access to insurance professionals that other incubators cannot provide – and office space at an iconic address, Kita’s chief technology officer says

London Lloyds

Mapfre invests in parametric insurer Blue Marble

Spanish insurance giant become sixth member of insurtech's investment consortium

International Mapfre
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