extreme weather

'Climate risks demand immediate attention': How extreme weather could wipe almost five per cent off Europe's GDP

Risk

'Climate risks demand immediate attention': How extreme weather could wipe almost five per cent off Europe's GDP

New analysis from group of central bankers and financial experts concludes delivering on EU's net zero policies could largely guard against projected climate-related losses

clock 10 July 2025 • 6 min read
Study: Data centres under threat from climate-driven extreme weather

Risk

Study: Data centres under threat from climate-driven extreme weather

New report identifies growing climate threats facing data centres and explores how operators can enhance resilience now to avoid surging costs and insurance premiums

clock 09 July 2025 • 4 min read
'On the front line of climate change': 80 per cent of farmers concerned about escalating climate impacts

Risk

'On the front line of climate change': 80 per cent of farmers concerned about escalating climate impacts

ECIU study finds farmers are increasingly worried about climate impacts on their productivity and profits, as fears grow about how heat wave will affect harvests

clock 02 July 2025 • 6 min read
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
Climate impacts may be starting to spiral, but a sub-1.5C world is 'still possible'

Climate change

Climate impacts may be starting to spiral, but a sub-1.5C world is 'still possible'

World Meteorological Organisation report shows CO2 in atmosphere has reached its highest level in 800,000 years, but the world can still avoid a climate catastrophe

clock 19 March 2025 • 6 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
Study: Past 12 months saw the US experience the most costly series of natural disasters since the 1930s

Risk

Study: Past 12 months saw the US experience the most costly series of natural disasters since the 1930s

Climate fuelled disasters over the past 12 months have resulted in America's most costly stretch of extreme weather in 90 years, new figures claim

clock 20 January 2025 • 3 min read
Financial Stability Board: New framework to assess climate-related vulnerabilities

Risk

Financial Stability Board: New framework to assess climate-related vulnerabilities

New toolkit to help track and quantify climate-related risks to the financial system and real economy

clock 17 January 2025 • 2 min read
'Planetary Insolvency': GDP could face a 50 per cent hit unless world acts now to curb emissions, report warns

Climate change

'Planetary Insolvency': GDP could face a 50 per cent hit unless world acts now to curb emissions, report warns

Institute and Faculty of Actuaries warns climate impacts will become 'future national security issue' unless urgent policy measures are introduced to curb emissions and enhance resilience

clock 16 January 2025 • 5 min read
'Interconnected crises' and 'darkening perceptions': World Economic Forum raises alarm over worsening global risks

Risk

'Interconnected crises' and 'darkening perceptions': World Economic Forum raises alarm over worsening global risks

Fears grow over risk of armed conflicts, as experts warn environmental threats will only intensify over the coming decade

clock 15 January 2025 • 6 min read