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insurance

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

Risk

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

clock 01 May 2025 • 3 min read
UK insurers pay out record £585m for weather-related damages in 2024

Risk

UK insurers pay out record £585m for weather-related damages in 2024

Damage to homes and businesses from extreme weather events is leading to rising pay outs as the climate crisis intensifies, the latest data shows

clock 11 February 2025 • 3 min read
Industry group launches bulk annuity sustainability collaboration

Management

Industry group launches bulk annuity sustainability collaboration

Insurers, advisers and schemes launch initiative to streamline BPA survey processes

clock 07 February 2025 • 3 min read
'Major leap forward': AXA-backed climate insurance to protect up to 300,000 farmers

Management

'Major leap forward': AXA-backed climate insurance to protect up to 300,000 farmers

Launch of pioneering product in the DRC promises to provide up to 15 and 20 per cent of a farmer's average annual income in the event of climatic shocks

clock 28 January 2025 • 3 min read
New cable failure detection technology could save offshore wind sector millions, tech firm claims

Wind

New cable failure detection technology could save offshore wind sector millions, tech firm claims

Synaptec touts new technology that promises to tackle top cause of offshore wind project financial losses and insurance claims

clock 08 January 2025 • 2 min read
Study: Climate change has caused $600bn of insured weather losses this century

Risk

Study: Climate change has caused $600bn of insured weather losses this century

Climate-attributed losses rose from 31 per cent to 38 per cent of total insured weather losses over the last decade, report calculates

clock 10 December 2024 • 4 min read
Net Zero Festival: How is the insurance industry shaping clean tech innovation?

Net Zero Festival

Net Zero Festival: How is the insurance industry shaping clean tech innovation?

WATCH: AXIS' energy innovation lead discusses the insurance industry's position on the 'front line' of climate change, and the sector's role in enabling climate innovation

clock 22 November 2024 • 1 min read
RSA launches 'UK first' insurance cover for sustainability consultants

Risk

RSA launches 'UK first' insurance cover for sustainability consultants

Insurance firm unveils UK indemnity cover specifically designed for companies and consultants advising on climate related activities

clock 19 November 2024 • 2 min read
Net Zero Festival: Insurance can play a role beyond 'picking up the tab when things go wrong'

Net Zero Festival

Net Zero Festival: Insurance can play a role beyond 'picking up the tab when things go wrong'

AXIS Capital’s Joe Dutton explains how insurance is both 'on the front line' of climate change and playing a key role in enabling the clean energy transition

clock 25 October 2024 • 5 min read
Axa Future Risks Report: Climate change tops global risk register, again

Risk

Axa Future Risks Report: Climate change tops global risk register, again

Latest edition of Axa survey of 23,000 people highlights how climate change continues to be leading concern for general population and risk experts

clock 14 October 2024 • 3 min read
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