Sustainability
Offshore energy underwriting changing with decarbonisation: Iumi
Claims from offshore energy sector’s ‘reactivation’ have been largely benign, but 2023 witnessed an increase in losses, International Union of Marine Insurance warns
From climate risk to resilience: what insurers must do next
It is becoming clear that the insurance sector must join the debate, leveraging its unique position to advocate for science-based policies
Collaboration needed to meet challenge of new primary perils
Events such as floods, wildfires, hailstorms and winter storms are now integral to the evolving risk landscape
Axa XL unveils ‘optimising resilience’ research on hurricanes
Cambridge Centre for Risk Studies research evaluates risk mitigation against more frequent and severe North American hurricanes
Market ‘able to absorb’ another hurricane loss: Guy Carpenter
Reinsurers are in a stronger position this year to face an active storm season, broker’s chairman, David Priebe, and head of peril advisory, Josh Darr, say
Average annual insured catastrophe loss hits new high of $151bn
Rise in global insured catastrophe losses attributed to rapid urban expansion and exposure growth, the impact of climate change and variability, and rising frequency of events coupled with economic and social inflation
Ferma calls for EU working group on climate protection gap
Federation of European Risk Management Associations says permanent body needed to advise on EU climate adaptation strategy
Federal agency calls for more subsidies and fewer regulations to boost US insurance availability
Congressional Budget Office has made several recommendations to make it easier for homeowners and renters to find coverage
Aon collaborates with Future Climate to boost voluntary carbon market
Initiative aims to drive conservation financing for forest carbon projects in Brazil
Surging seas are a global risk: Guterres
World Meteorological Organization report on Pacific Islands argues robust disaster risk management strategies and resilient infrastructure are needed
California consults on cat modelling rule
Proposal lets insurers use models if they boost fire cover in high-risk areas
Gearing up for the Atlantic hurricane debate at RVS Monte Carlo
It is generally accepted in hurricane science there will be no increase in the number of tropical cyclones as a result of sea water warming, but they will be stronger and more destructive
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