
Sustainability

Cytora partners with ZestyAI on climate risk modelling
Insurtech integrates ZestyAI’s climate risk models into its risk assessment platform

ID Comment: Re/insurers face extinction if they don’t adapt to climate change
Perhaps reinsurers should gather for talks, not in Monte Carlo and Baden-Baden, but in one of the vulnerable countries that suffer the most from floods, droughts and storms, despite contributing the least to climate change

Re/insurers need to take a fresh look at risk for the sake of the climate
With Cop28 just around the corner, climate experts from Gallagher Re, Munich Re, Zurich Insurance and WTW discuss ways re/insurers can become more engaged with climate risk

Insurers must help accelerate pre-arranged finance for disasters: Clarke
By 2050, only 20% of international crisis finance will be pre-arranged, which is 20 years too late, head of the Centre for Disaster Protection says

Lloyd's consults on roadmap for insuring low-carbon transition
The three-year roadmap covers all areas of sustainability for the market, including underwriting, investments, exposure management and capital and reserving

Cop28 to 'elevate adaptation and resilience agenda'
The UAE is working with the Risk-informed Early Action Partnership to enhance the use of finance and insurance to mitigate the impacts of climate change, the Insurance Development Forum’s head of policy says

Insurers have a historic opportunity to reimagine risk: Iyahen
Climate adaptation and resilience present a role for the insurance industry of a scale and importance not seen for a century, IDF secretary-general says

Global wind farm capital value reaches £1.9trn: Chaucer
Extreme weather threatens significant investments in renewable energy technology and increases need for insurance coverage, re/insurer says

Identifying marine risks in the transition to a decarbonised future
Re/insurers are facing the prospect of their policyholders being pursued by plaintiffs in numerous protracted, complex and expensive pieces of litigation

WTW launches Apac climate risk centre in Singapore
Centre will provide climate risk quantification and management capabilities to support the region’s resilience and transition to net-zero

Viewpoint: Insurers must seek to manage risks such as flooding in real time
Climate change may trigger positive innovation from the insurance market

IDF completes first phase of ‘anticipatory action and disaster risk reduction’ programme
Initiative aims to reduce the impact of disasters on individuals and communities
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