Insurers accused of failing to tackle looming climate risks

James S Murray
clock

Survey of US insurers finds only one in eight have a formal climate change strategy in place

It has long been accepted that of all the industries likely to be disrupted by climate change impacts it is the insurance sector that has the most to lose. As such, many insurance firms have invested...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Study: Shake-up required to bring financial system 'within planetary boundaries'

Study: Shake-up required to bring financial system 'within planetary boundaries'

'Polycrisis' of economic, social and environmental challenges demands more active effort to reshape sustainable finance, CISL report claims

Stuart Stone
clock 19 May 2025 • 5 min read
'Lessons in chemistry': Chemicals industry accused of 'significantly underestimating' climate related risks

'Lessons in chemistry': Chemicals industry accused of 'significantly underestimating' climate related risks

New Planet Tracker study warns chemical companies are under-pricing carbon costs and undermining decarbonisation efforts

clock 08 May 2025 • 4 min read
Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Reports: Watchdog urges banks and insurers to plug 'gaps' in tackling climate risks

Bank of England to instruct banks and insurers to carry out internal reviews on climate-related risks

Stuart Stone
clock 01 May 2025 • 3 min read