Sustainability
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
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
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
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
Viewpoint: Extreme weather and the path to clean energy
Climate change brings a wide array of challenges and opportunities for the insurance industry
Perils increases Babet losses to €691m
The majority of insured losses occurred in the UK, loss aggregator says
Insurers ask whether their policy pays out cash or carbon
The growth of carbon credits creates a new insurance market with new business models – and some insurers are redeeming policies in carbon credits instead of cash
PRA paper explains how to adapt climate scenarios for asset classes
Existing ‘off-the-shelf’ scenarios insufficient for testing risks to individual asset types, regulator says
Lloyd’s at risk of missing net zero commitments, campaign group warns
Reclaim Finance urges managing agents to restrict cover for new types of fossil fuel including thermal coal and liquefied gas terminals
Insurance needed to boost climate resilience: IMF
International Monetary Fund says investments are especially needed for regions most vulnerable to climate shocks
Insurance CFOs worried about state of the economy
Most UK and Europe P&C insurers expect moderate growth this year, Moody’s survey finds
Insurers essential to voluntary carbon market: CFC
By de-risking certain aspects of carbon forward contracts, the managing general agent hopes to accelerate trading
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