All climate articles
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NewsBeazley: A line in the sand
Beazley’s Patrick Hartigan writes on the increased frequency of extreme weather and the need for adequate pricing for the many climate change linked secondary perils hitting re/insurance markets.
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NewsStorms are getting stronger – Lockton Re climate study
Reinsurance broker Lockton Re has published a report on climate change and hurricane trends.
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NewsHowden appoints IDF’s Douglas as climate risk and resilience CEO
Rowan Douglas has moved from his previous position of head of climate at WTW to assume a similar role at rival broker Howden.
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NewsClimate change will add 10%+ to cost of US hurricanes over next 20 years – Aon
Aon’s work with Columbia University has come up with an estimate for the cost of climate change to the reinsurance industry’s peak peril.
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NewsMapfre announces decarbonisation plans, 26% cut to climate footprint
Spanish insurer Mapfre is committed to reducing its operational carbon footprint by 50% and to becoming carbon neutral in all countries by 2030.
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NewsNZIA receives more body blows as further insurers leave
The embattled net zero climate alliance has now lost nearly half its members.
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NewsEnergy pricing, transition pushing back climate focus – Beazley
Current fears about energy prices and the need to transition may be blinding insureds to the existential threat that climate change poses, London market specialty insurer Beazley warns.
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NewsHannover Re quits Net Zero Insurance Alliance
Hannover Re is the third major re/insurer to leave the global climate alliance, after Zurich and Munich Re also recently left.
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NewsGulf Business News: DIFC, Global Ethical Finance Initiative join hands to support COP28 agenda
DIFC and GEFI aim to drive change across the world’s financial industry relating to delivering net zero, unlocking Islamic finance, financing nature and biodiversity, and financing sustainable development goals
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NewsEuropean wildfires rise 75% YOY
As wildfires have only recently been considered a material peril, the modelling is not as developed, finds Chaucer
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NewsGallagher Re & Africa Re partner to tackle Africa’s protection gap
Regional drought conditions and the global political environment call for prompt action around resilience and risk transfer solutions
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NewsWorld’s first carbon insurer launches
Kita’s focus is carbon removal, insuring “carbon delivery risk” to enable carbon removal solutions to scale
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NewsMunich Re kicks off Costa Rica carbon removal project
TreeTrust is planting trees across more than ten million square metres of former grassland in northern Costa Rica
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NewsClimate change to become a ‘persistent drag’ on profitability
Re/insurers are likely to be able to bear the costs of the transition to net zero - Bank of England
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NewsInsurers face rising ESG concerns
ESG reputation could become as important as product, service and price
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News AgendaSwiss Re takes further steps towards net-zero emissions
Swiss Re implements new guidelines on the oil and gas industry and excludes support for the most carbon-intensive companies