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insurance

Risk

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

clock 23 May 2019 • 3 min read

Investment

'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'

clock 05 April 2019 • 5 min read

Automotive

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

clock 04 April 2019 • 5 min read

Investment

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

clock 22 March 2019 • 3 min read

Risk

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

clock 22 January 2019 • 3 min read

Climate change

'Severe and costly': 2018 clocks in $160bn worth of extreme weather damages

Annual natural disaster report from Munich Re rates 2018 as the fourth costliest year since 1980

clock 09 January 2019 • 2 min read

Risk

Crumbling coastlines: 520,000 coastal homes and business at risk of seaside flooding

With sea levels rising, Committee on Climate Change urges major overhaul of government's management of coastal flooding and erosion

clock 26 October 2018 • 5 min read

Risk

Green investor surge: 400 global asset managers pledge to step up climate efforts

Investors with $32tr in assets under management back new Investor Agenda to step low carbon funding and climate risk transparency efforts

clock 12 September 2018 • 5 min read

Risk

Munich Re moves away from coal as UK insurers face climate risk complaints

ClientEarth claims Admiral, Lancashire Holdings, and Phoenix Group Holdings have legal obligation to disclose climate risks in annual reports but have failed to do so

clock 07 August 2018 • 3 min read

Risk

It is time for the insurance industry to end its climate cakeism

Ed King argues that last week's industry summit revealed how too many insurers want to tackle climate risks while still investing in carbon intensive assets

clock 18 July 2018 • 5 min read
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