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Sustainability

 

 

Urbanisation and inflation drives ballooning SCS losses

Macroeconomic and socioeconomic reasons, rather than weather or climate factors, are causing rapid increase in severe convective storm losses, according to Gallagher Re

Climate change Property

California authority calls for state-backed wildfire cover

Agency backs stronger measures to extend wildfire cover and more mitigation

United States Climate change

Insurance Day publishes climate risk special report

With every key climate indicator now flashing red, re/insurers must up their game in tackling climate risk

International Climate change

CSU forecasts below-average 2026 Atlantic hurricane season

Colorado State University forecasts 13 named storms for 2026, with below-average landfall probabilities across the US and Caribbean

Hurricane Season Climate change

Nature treaty preserves IMO’s mandate: Osborn

International Maritime Organization’s head of marine environment explains how the Biodiversity Beyond National Jurisdiction Agreement impacts shipping

Climate change Special Report

Insurers must help society build a culture of prevention: Bacani

United Nations Environment Programme’s head of insurance explains why re/insurers must occupy the front line of climate strategies

Property Climate change

Market ‘only scratching the surface’ of parametric potential

The appeal and utility of parametric insurance is growing, and the interpretation of basis risk is evolving, Guy Carpenter’s Guillermo Franco and Iceye’s Anke Sielker say

Climate change Property

Oak Global opens climate and tech division

Lloyd’s firm’s new division will underwrite risk solutions across property, specialty and credit classes of business

Lloyds Property

Was COP30 a turning point for insurers?

The role of the insurance industry is more crucial than ever

Climate change Special Report

Recalibrating climate risk and insurance

An endless stream of priorities passes through government, some deserving of urgent attention, some not. But the looming insurability crisis has never been one of them.

Climate change Viewpoint

US think tank proposes federal reinsurance fund

Brookings Institute proposal would see federal agency take on ‘extreme tail’ risks to support property insurers

United States Reinsurance

Peak nat cat year could produce $400bn+ in losses by 2030

Reinsurance giant warns of inflationary shock from Iran war and encourages adaptation

Property Climate change
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