insurance
Natural disaster damages hit $210bn worldwide in 2020, Munich Re estimates
Insurance giant warns 'it is time to act' in order to curb growing costs of climate change
'Disastrous extremes': Christian Aid catalogues $145bn cost of 2020 weather disasters
Most costly floods, windstorms, tropical cyclones and fires in 2020 killed thousands of people across the globe and displaced millions, charity finds
How has the crisis affected insurance investors?
Schroders' Gavin Ralston looks at how insurance investors have handled the Covid-19 crisis, their return expectations, and how they view sustainability
Lloyd's of London promises to end investment in coal, oil sands, and Arctic exploration
Insurance giant sets out wide-ranging new sustainability strategy designed to curb investment in fossil fuel infrastructure, but campaigners argue faster timetable is required
'Net Zero Underwriting Alliance': Axa boss proposes new climate alliance for insurance sector
Climate campaigners welcome proposal, but warn sector's net zero pledges are meaningless unless insurers end coverage for carbon intensive fossil fuel projects in the near-term
Just Group becomes first UK insurer to issue a green bond
Insurer says bond issuance will enable investment in green buildings, renewable energy, and clean transportation projects
Government urged to extend Green Homes Grant Scheme as fears grow over shortage of installers
National Insulation Association writes to Chancellor requesting clarity over long term future of the scheme, after reports that many households cannot access grant scheme
Australian insurer Suncorp to ditch coverage for oil and gas projects
Landmark pledge makes Suncorp the first major insurer to adopt any policy restricting underwriting for oil and gas
AXA trims portfolio's 'warming potential', as company warns of climate costs
Insurance giant's annual climate report warns the companies it invests in could lose over 10 per cent of their revenues by 2030 under a 1.5C scenario
'Climate emergency': Insurers urged to step away from oil and gas projects in wake of coronavirus crisis
Letter sent to the world's biggest insurers from the Insure Our Future campaign urges sector to respond to the disruption to oil and gas markets caused by the pandemic by advancing fossil fuel phase out policies
Climate resilience: Government urged to seize 'excellent opportunity' to deliver ambitious plans
Ministers should urgently 'make a clear statement of ambition' on climate and flood resilience, UK climate, infrastructure and insurance experts warn
Flood risk: 70,000 new homes in England could end up uninsurable, study warns
Study of land registry data reveals thousands of new homes have been built in flood prone areas, and could also be denied insurance
Flood risk and insurance cost fears highlighted for 1.8 million UK residents
Insurance industry warns of increased premiums as flood risk grows due to climate change.
Church of England and insurer Generali join $4.3tr Net Zero Asset Owner Alliance
Church and Italian insurer are latest to join growing group of world's largest pension funds and insurers committed to fully decarbonising their investments by 2050
Goldman Sachs and Liberty Mutual beef up fossil fuel lending policies
Top US finance giants tighten policies governing their support for coal industry
AXA promises investment and insurance coal phase-out
Campaigners hail new climate strategy as a 'new global benchmark for best practice'
Insurers disclosing climate risk need to remember their customers
Extending climate risk disclosure to customers could yield benefits for both insurers and, argue LSE's Swenja Surminski and Sam Unsworth
Chubb chucks coal
Insurance giant becomes the largest US insurer to date to announce it will halt underwriting for companies that are reliant on coal mining and power plants
Global briefing: Climate change key priority in groundbreaking NZ 'Wellbeing Budget'
BusinessGreen brings you all the news from around the world this week
Bank of England issues climate risk guidance to 'unlock action' from insurers
Developed by industry and regulators, aim is to help insurers draw up management approaches to climate risk
'Get ahead of these risks': BlackRock issues climate risk warning to investors
Asset management giant warns investors are vastly underestimating risks posed by climate change impacts today 'not just years in the future'
Manufacturers, insurers and battery makers bet big on EVs
Lured by higher profit margins, Melrose Industries has outlined plans to invest around £250-300m in the electric vehicle sector
Bank of England to scrutinise insurance firms' climate risk planning
UK insurers will be called upon next month by the Prudential Market Authority to stress test their business against a range of climate and transition risks
Extreme weather cost global economy $215bn in 2018, AON estimates
Global cost of extreme weather last year higher than previous estimates, making 2017-18 costliest two-year period on record