All Climate Change articles
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NewsInsurers are failing to use their influence to fight climate change - ShareAction
Some commentators believe ’the insurance industry is the single most annoying part of this whole climate puzzle’
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News
Environmental risks, climate change threatens megacities
Firms must align climate risk assessments with the recommendations of the TCFD to build greater resilience - Verisk Maplecroft
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News
‘Average’ Atlantic hurricane season to reflect more storms
Higher averages based on most recent 30-year climate record
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News
Climate change is the ‘biggest single investment opportunity’ for sector – Lloyd’s John Neal
Climate change is not a threat - instead it is the “biggest single investment opportunity” for the insurance sector in this lifetime, according to Lloyd’s of London’s chief executive John Neal.
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Reports
WEF: No vaccine for climate change
In 2020, the world saw the catastrophic effects of ignoring long-term risks such as pandemics - WEF Global Risks Report 2021
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News
Zurich puts environmental and social goals at heart of impact investment strategy
Zurich becomes first large institutional investor to prioritise the environmental and social goals of its impact investment portfolio
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Aon enhances its global tropical cyclone models with climate risk scenarios from Columbia University collaboration
This enhancement will enable insurers to quantify climate risk in their portfolios and make adjustments that will inform better decisions on pricing, investments and exposure management both today and over the long term.
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Willis Towers Watson buys climate change advisory business
Global advisory and broking business Willis Towers Watson (WTW) has bought climate change adaptation advisory and analytics business Acclimatise in order to broaden its service offering around physical climate risk and resilience.
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News
Reuters: Britain’s biggest fund manager expands engagement on climate
Britain’s biggest asset manager plans to increase the number of companies it assesses and engages with over climate change to help to accelerate global efforts to move to a low-carbon economy, it said on Wednesday.
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News
SCOR: How can (re)insurers lead the way on climate change action?
Michèle Lacroix, Head of SCOR’s Group Investment Office: How to include sustainability in investment decisions? Financial markets are leading the way in the sustainability journey. Stringent regulation over the last five years has meant that CSR and ESG are now common acronyms, with Environmental, Social and Governance being ...
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News
AXA XL Unveils Carbon Management Strategy
Strategy outlines commitment and roadmap to decarbonize AXA XL’s operations in line with goal to limit global warming to below 1.5 °C.
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News
New Zealand introduces climate risk disclosure regime
New rules will require firms to disclose how climate change will affect their business on a ‘comply or explain’ basis
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News
MetLife to Reduce Emissions by 30 Percent and Originate $20 Billion of New Green Investments By 2030
Over the next 10 years, MetLife, Inc. (NYSE: MET) has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels, originate U.S. $20 billion in new MetLife Investment Management (MIM)–managed green investments, and allocate U.S. $5 million to develop products and partnerships that drive climate ...
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News
Zurich launches dedicated Climate Change Resilience Service
Zurich today announced the launch of its Climate Change Resilience Services to help businesses better prepare for current and future risks associated with climate change.
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News
Indonesia flood model launched
Climate change influences are likely to increase the impact of flooding over the near and medium term
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News
Flood Re chief exec outlines next steps for addressing climate change risk
Flood Re’s chief executive Andy Bord outlined what should happen next to ensure that it can address climate change and reach a risk-reflective home insurance market by its exit in 2039. The flood re-insurer presented evidence to Parliament’s Environment, Food, and Rural Affairs (EFRA) Select Committee yesterday addressing the evolving ...
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News
Lloyd’s of London becomes target for climate campaigners as underwriting room reopens
As Lloyd’s of London reopens its underwriting room today, campaigners voiced their concerns at its doors, urging the insurance marketplace to drop insurance and investments in coal and tar sands projects. Lloyd’s of London workers were met with some climate protesters raising their concerns as they returned to work after ...
