CLIMATE AND SUSTAINABILITY – Page 9
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Fitch: Wildfires could break records
Rating agency predicts that the wildfires could be costliest ever in US
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Wildfires continue to rage as losses mount
The sheer number of fires (20) has spread fire fighting resources thin, preventing containment
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Wildfires continue to rage in California
Fires are “not yet” as severe as those of 2003, when the Cedar Fire alone caused losses of $1.2bn
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Increased property losses "likely" from US fires
Californian fires ravaged 30,000 acres already
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UK Gov only offering "partial flood protection"
RMS has hit out at the £800m promised by the UK Government for additional flood defences
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Swiss Re launches new climate programme
Initiative will provide financial protection against weather risks in emerging countries
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Karen becomes eleventh storm of the season
Tropical Storm Karen could become a weak hurricane by the end of the weekend
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Munich Re launches sustainability portal
Website will be available to public and rating agencies
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Humberto makes landfall; Ingrid threatens Bermuda
Economic losses from Humberto are unlikely to exceed $1bn
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Humberto raises Mississippi flood fears
Catastrophe teams deployed as Humberto tears through the Gulf, reveals PCI
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Industry takes on climate change
Several insurers, reinsurers, brokers and Lloyd’s have signed up to the ABI’s ClimateWise principles
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Swiss Re in African farmer innovation
Weather derivative contracts to protect smallholder farmers
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Flood exposures hit Flagstone results
Flagstone announces new sidecar deal as flood losses see its Q2 profits dip dramatically
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More hurricanes on the way
Study finds that global warming is causing more frequent hurricanes
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Ace joins renewable energy drive
Ace launches a single-policy solution for renewable energy providers
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Ascot launches renewable energy firm
Ascot Underwriting has established a Lloyd's-based renewable energy firm, Renewco Underwriting
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Swiss Re signs up to UN investment principles
Programme encourages best practice in environmental, social and corporate governance issues in investments
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Ace signs up to climate challenge
Insurance group pledges reduction in greenhouse gas emissions