Sustainability
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
Nature risk moves up the insurance agenda
Experts insist nature risk is reshaping underwriting, with new products and collaborative structures emerging to address risks too complex for any single carrier
Re/insurers must plan now for nuclear-powered ships: Axa XL
Any future insurance for these vessels would need to be ‘bespoke, extremely high in value and likely supported by governments’, Axa XL’s Vicky Roberts-Mills and Jarek Klimczak say
Climate risk extends beyond physical assets: Marsh
Multinational firms must adopt a long-term, strategic approach to climate adaptation, Marsh’s Nick Faull says
Insurance sector ‘moving from payer to partner’ in climate resilience: Gallagher Re
Insurance solutions are becoming a more important part of climate resilience and disaster response preparations as event frequency increases, Gallagher Re’s Dorr Berraies tells the Insurance Day podcast
Lost for words
The insurance sector must make its methodology understandable to investors or climate finance will remain a pipe dream
Ocean levels ‘much higher’ than most models assume
Inaccurate assessments of sea level rise have been referenced by the UN Intergovernmental Panel on Climate Change, new scientific research warns
Is finance keeping pace with climate disasters?
Centre for Disaster Protection analysis of the most recent global data available shows that international pre-arranged financing reached $9.4bn in 2024, the highest level on record
Leveraging space technology and data
European Space Agency and Liberty Mutual Reinsurance are collaborating to enable fast, objective and transparent risk protection for agriculture and forestry
Insurers need to prepare for a ‘disorderly transition’, LMA warns
The LMA expects to see a shift towards adaptation and resilience as global temperature rises above 2.5 Celsius look increasingly likely
Battle lines drawn for critical minerals
Competition for critical minerals is heating up between the developers of data centres and the producers of clean energy
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