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Sustainability

 

 

Insurance associations question EU public-private reinsurer proposals

Fears one-size-fits-all public-private reinsurance facility could undermine national schemes and risks moral hazard

Europe Reinsurance

When fact is stranger than fiction

Insurers work with facts, unlike the current leader of the free world. Future readers of the life and times of Donald J Trump will surely regard his aversion to clean energy as the most shocking of all his flaws

United States Climate change

Climate and geopolitical shocks: managing hyper-volatility in the modern age

Climate change intensifies geopolitical risk, creating hyper-volatility. How can organisations protect themselves against the resulting extreme, rapid and unpredictable changes in global systems?

International Risk Management

Insurance Europe backs greenhouse gas accounting change

Trade federation says means for measuring these activities are ‘immature’

Europe International

NFIP’s rating model in Republican crosshairs

Insurers say Risk Rating 2.0 is boosting the private US flood market, but some Republican Senators have called for it to be abolished and for a return to a zone-based pricing model

United States Property

Renewables upend traditional models: Beazley’s Sheppard

Rapid geographical and technological expansion in the renewables sector is exposing insurers to unfamiliar risks that are reshaping how coverage is structured, Beazley's renewable energy underwriter, Ben Sheppard, argues

International Energy

Risk, resilience and reinvention: the perils of the global energy transition

Clean energy growth continues, particularly for solar and offshore wind, while global climate risks intensify. Fossil fuel production also continues, raising issues about the need to reduce emissions globally. The insurance industry thus finds itself at the centre of a high-stakes transformation

International Climate change

FM pours resources into risk mitigation with new research facility

Firm’s mutual structure, business model and engineering workforce give it an edge in risk mitigation, mutual's head of London operations, Bill Bradshaw, says

Europe Property

Insurers must offer holistic cover for renewable energy: McLachlan

Serving the $15trn green energy market means dropping the siloed approach to insurance products, Fraser McLachlan, chairman of green transition underwriting business Tokio Marine GX, argues

International Energy

Swiss Re warns heat waves will hit insurance hard

Extreme heat will result in damage to a variety of infrastructure, set off fires and damage agriculture, reinsurer warns

International Climate change

US severe storm losses mount but so far remain under 2024 totals

Year-to-date severe convective storm losses surpass $27bn following wave of severe weather in May

United States Climate change

US severe convective storms pose risk to solar

Severe convective storms are driving record insured losses in the US and posing growing risks to solar farms – innovative mitigation strategies and advanced risk assessments are vital for resilience

United States Climate change
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