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Sustainability

 

 

Lloyd’s creates risk code for transition business

Insurance is a crucial part of developing new green technologies, the corporation’s chief underwriting officer says

London Lloyds

Researchers warn Canadian flood insurance scheme must reduce risk

Federal government wants to launch scheme for subsidies and reinsurance by next year, as policymakers urged to deny rebuilding aid where flood danger is high

Canada Property

Zurich Malaysia highlights takaful for climate-vulnerable communities

Islamic insurance can enhance financial resilience to impacts of climate change, the chief executive of Zurich General Takaful Malaysia Berhad says

Malaysia Zurich

Louisiana abandons rule hated by insurers – but will carriers return?

Insurers welcome end of three-year rule, but hurricane risk may keep prices high

United States Property

Insurance sector's interest in carbon capture market gathers pace

Aon has become the latest company to create a product supporting the emerging carbon capture and storage sector

International United Kingdom

Insurers must help world adapt to new climate reality

Milken Institute annual conference was set in the context of record-breaking climate events which are ‘just a preview of worse to come’

International Property

Earth observation is a game-changer for climate resilience

Executives at Finnish microsatellite maker Iceye outline how fast and reliable natural catastrophe data before, during and after events creates a ‘sweet spot’ of resilience

International Property

Insurance looks to climate scenarios, but are they the right tool?

Regulators urge using scenario analysis to test solvency risk, but this may not be useful for capital planning

International Climate change

Brazilian re/insurers to avoid flood losses

Southern state of Rio Grande do Sul faces nearly $1.5bn in damages, but local carriers have retained smaller exposures and exited volatile lines of business

Brazil Property

Louisiana governor signs law abolishing 'three-year rule'

Insurance commissioner has pressed deregulation as a response to market failures

United States Property

Clean energy is much more than a climate change solution: McGill's Sexton

Broker’s head of renewables, power and energy describes an evolving market that embraces climate, security of supply and geopolitical risks

International Energy

Climate should be in every conversation about risk: Aon's Henderson

Just as they faced ‘silent cyber’, re/insurers must be alert to ‘silent climate’, Aon’s global head of climate risk advisory warns

International Aon
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