Sustainability
Making climate resilience investable
Pan-European initiative Open Sesame aims to be the first market-ready resilience finance framework that helps preserve the long-term insurability of climate-exposed risks and supports the sustainability of insurance markets
1-in-100 year uninsured US residential property exposure surpasses $375bn
Moody’s analysis highlights widening gap between growing flood risk and insurance coverage, with risk most concentrated in Southeastern coastal areas
Managing climate risk is not optional
UK insurers face a June 3 deadline to complete a gap analysis, as regulators step up efforts to embed climate risk management into governance and risk frameworks
Munich Re unveils company climate risk solution
German re/insurer explains how firms can gain financial clarity from their exposure to climate risk
Flood risk in a changing climate
Pluvial flooding now accounts for much of the flood risk in many regions. Traditional flood maps do not always capture this threat
From red carpet to risk register
How emerging risks are threatening film productions
Re/insurance could be the tipping point for carbon capture
Howden, WTW and the Global CCS Institute urge re/insurers to help manage the carbon capture and storage value chain
Ferma launches climate resilience financing initiative
Open Sesame project brings together risk, finance and sustainability experts to help unlock financing for preventative and adaptive climate measures
Oak sponsors New Energy’s green tax credit cover
Lloyd’s carrier expands climate and technology division with capacity partnership
Insurance is ‘pivotal’ to UK carbon market leadership
The UK’s position as a global leader in carbon market services is not guaranteed without coordinated government action, new report says
Middle East crisis exposes fossil fuel folly: Guterres
Climate policymakers warn of fossil fuel crisis, while insurance survey reveals energy leaders see continuation of oil and gas
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
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