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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

United States Property

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

International Climate change

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

International Property

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

International Climate change

Viewpoint: Ten lessons from Dubai flooding event

Dubai’s recent cataclysmic flooding highlights the urgent need for improved flood resilience and preparedness measures

United Arab Emirates Property

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

North America International

Amboss launches with takeover of Oilfield’s Switzerland business

Managing general agent will focus on energy sector and climate transition

Europe Netherlands

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

Middle East and Africa United Arab Emirates

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

North America Big Interview

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

International Property

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

United Kingdom Climate change

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

International Big Interview
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