Climate risk
The World Meteorological Organization says the Earth’s climate is more out of balance than at any time in observed history, and UN secretary-general António Guterres warns that ‘every climate indicator is flashing red’. That’s a green light for re/insurers to up their game in tackling climate risk.
Was COP30 a turning point for insurers?
The role of the insurance industry is more crucial than ever
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 risk demands a change of mindset: Marsh’s Surminski
Marsh’s climate thought leader explains why climate change is a strategic risk
Natcat losses must be viewed across years
Insured losses in 2025 were below average for the past decade, but against a backdrop of elevated hazard potential, a single year should not be interpreted as a sign of lowered risk
How insurance can help build future-ready nations
Effective disaster risk management requires integrated solutions and shared ownership across public and private actors
Is finance keeping pace with climate disasters?
Centre for Disaster Protection analysis of the most recent global data available shows that international pre-arranged financing reached $9.4bn in 2024, the highest level on record
Pre-disaster insurance market is growing: Napiorkowski
‘We can boost climate finance by spreading the word about technology performance insurance,’ Ariel Green managing director Jan Napiorkowski says
Insurers like green data centres, but only if the lights stay on
Big Tech is open to renewables and may find innovative ways to save energy — but uninterrupted power is the first priority, WTW experts say
Leveraging space technology and data
European Space Agency and Liberty Mutual Reinsurance are collaborating to enable fast, objective and transparent risk protection for agriculture and forestry
Re/insurers must plan now for nuclear-powered ships: Axa XL
Any future insurance for these vessels would need to be ‘bespoke, extremely high in value and likely supported by governments’, Axa XL’s Vicky Roberts-Mills and Jarek Klimczak say
Lost for words
The insurance sector must make its methodology understandable to investors or climate finance will remain a pipe dream
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
Bridging the gap between climate science and finance
Institute and Faculty of Actuaries report outlines how actuarial expertise is helping firms understand and manage climate risk
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.
Sustainability enters age of pragmatism
ClimateWise programme director Felicity Alvey applauds the re/insurers making progress with sustainability efforts despite geopolitical challenges
Battle lines drawn for critical minerals
Competition for critical minerals is heating up between the developers of data centres and the producers of clean energy
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
Nature risk moves up the insurance agenda
Experts insist nature risk is reshaping underwriting, with new products and collaborative structures emerging to address risks too complex for any single carrier
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