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Sustainability

 

 

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

Tiernan urged to act against fossil fuel expansion

Campaign group calls on new Lloyd’s chief executive to lead market-wide shift towards sustainable underwriting

Lloyds Specialty

Shareholder activists make ripples at insurer AGMs

Insurance company boards have successfully defeated all activist motions on emissions and climate risk

North America Climate change

John Neal set to join Aon on September 1

Outgoing Lloyd’s chief executive will be broking giant’s global chief executive of reinsurance and global chair of climate solutions

Aon Reinsurance

EU agriculture faces €28bn annual average loss: Howden

Landmark report finds €60bn catastrophe risk to EU agriculture driven by drought, rising to €90bn by 2050, threatening consumer prices, food security and rural economies

Europe Property

Markel faces activist shareholder demands on carbon emissions disclosures

Green Century is seeking support for resolution to require the insurer to disclose greenhouse gas emissions from its underwriting, insuring and investment activities

United States Property
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