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insurance

Climate change and La Niña drive global natural disaster losses to $270bn in 2022

Risk

Climate change and La Niña drive global natural disaster losses to $270bn in 2022

Insurance giant Munich Re tots up the costs of last year’s devastating floods, storms, heatwaves, and droughts

clock 10 January 2023 • 3 min read
'Expanded appetite': Insurance giant Chubb launches global climate business

Risk

'Expanded appetite': Insurance giant Chubb launches global climate business

World's largest publicly-traded property and liability insurance firm debuts new business dedicated to clean tech insurance and climate risk management

clock 05 January 2023 • 2 min read
Study: Legal revamp may be needed to drive CCS roll out

Legislation

Study: Legal revamp may be needed to drive CCS roll out

'Robust' amendments to insurance law and international environmental law needed to allow carbon capture, utilisation and storage projects to advance

clock 29 December 2022 • 2 min read
'Scary numbers': As climate losses mount, how should insurers contend with the existential threat facing the industry?

Risk

'Scary numbers': As climate losses mount, how should insurers contend with the existential threat facing the industry?

Property insurers already count the mounting costs of climate damage in the hundreds of billions, and must take a more active role in combatting the risks, an industry-backed report argues

clock 18 May 2022 • 8 min read
Solvency II: Treasury proposes overhaul of insurance rules in bid to unlock green investment

Investment

Solvency II: Treasury proposes overhaul of insurance rules in bid to unlock green investment

Ministers set out vision for regulatory regime to replace EU's Solvency II rules that could help accelerate progress towards a net zero economy

clock 28 April 2022 • 3 min read
'A strong message': Insurance giant Swiss Re unveils plan to restrict cover for new oil and gas projects

Risk

'A strong message': Insurance giant Swiss Re unveils plan to restrict cover for new oil and gas projects

Swiss firm confirms it will no longer provide insurance for new oil and gas projects unless developers can show they have credible net zero transition plans

clock 18 March 2022 • 3 min read
AIG to end support for new coal, tar sands, and Arctic drilling as it extends net zero goals

Investment

AIG to end support for new coal, tar sands, and Arctic drilling as it extends net zero goals

US insurance giant becomes latest firm to tighten investment policies in bid to deliver on its net zero emission goals

clock 03 March 2022 • 3 min read
Insurance giant Travelers to ditch coal plant underwriting

Investment

Insurance giant Travelers to ditch coal plant underwriting

Insurer also beefs up climate policies on tar sands and wider investments

clock 08 February 2022 • 3 min read
'Disturbing': Why climate remains the single biggest global economic threat

Risk

'Disturbing': Why climate remains the single biggest global economic threat

Top insurers and economists warn climate change remains biggest global economic threat, despite on-going COVID risks

clock 11 January 2022 • 7 min read
'The first major Brexit bonus': Could reforming the UK's insurance rules unlock clean energy investment?

Investment

'The first major Brexit bonus': Could reforming the UK's insurance rules unlock clean energy investment?

PIC calculates it would be able to pump £500m more into renewable energy annually if financial services regulation is amended

clock 05 January 2022 • 4 min read
123
Most read
01

'We need every tool in the box': Carbon credit firms defend Voluntary Carbon Market

31 January 2023 • 3 min read
02

EU unveils Green Deal Industrial Plan to boost Europe's clean tech competitiveness

01 February 2023 • 6 min read
03

Volvo launches new biogas truck with 1,000 km range

02 February 2023 • 2 min read
04

Energy industry warns Chancellor UK green growth is now at 'severe risk'

03 February 2023 • 4 min read
05

How Stanford is raising the next generation of sustainable eaters

03 February 2023 • 5 min read
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