Catastrophe bonds were invented in the early 1990s to help insurance companies mitigate the risk of major disasters. With storms brewing both politically and environmentally, can the catastrophe bond market open new doors to insurers in 2017?
Renewables Consulting Group has signed a consulting deal over renewable assets with Axis Insurance.
Insurers, environment agencies and government need to collaborate if they are to tackle the threat of flooding effectively, said Mark Hoban, chairman of the board of directors at Flood Re.
Damages caused by the recent earthquake in Italy will be paid out by the state, the Italian government decided earlier this week.
Beazley has doubled its environmental risk capacity to £50m with the new Beazley Elements consortium at Lloyd’s.
Simon Warsop, chief underwriting officer for Aviva’s personal lines business, talks about recent flood debates and what action is needed now to protect homes and businesses next winter.
Volkswagen is unlikely to be able to rely on insurance to protect it from exposure relating to falsified US emission tests in particular diesel models of its vehicles, loss adjuster Cunningham Lindsey anticipates.
Advances in biotechnology promise to revolutionise the way we live. Post sat down with Andrew Snyder-Beattie of the Future of Humanity Institute at the Oxford Martin School to find out about the possible risks involved.
The plumes of smoke staining the skyline are often signs that a scrap metal yard or warehouse full of recyclate has caught fire. While it’s a distraction for the bored commuter, this troublesome sector leaves underwriters scratching their heads.
Insurer Ace has enhanced its premises pollution liability policy for Australia and New Zealand.
When it comes to domestic oil spill claims, loss adjusters can play a pivotal role.
Chairman of UK Spill Stewart Ower plans to use his tenure to ensure any environmental aspect of a claim is one recognised as early as possible, so proactive intervention can help take control of claims costs
Environment agencies for the UK have issued a barrage of flood warnings as the country continues to suffer the impact of Storm Rachel.
The Environment Agency and the Scottish Environment Protection Agency have issued a dozen flood warnings across the UK as the country braces for further disruptive weather.
As weather patterns change and temperatures rise, issues such as climate-induced food insecurity are destined to become an increasingly important driver of conflict and social unrest
Spending on flood defences is insufficient to meet needs for maintenance according to a report from the National Audit Office.
On 30 April, 2007 the European Directive 2004/35/EC, regarding the prevention and remedying of environmental damage, had to be transposed into local legislation by all European member states.
France’s environment minister is seeking environmental assurances from her Italian counterpart before giving permission for the Costa Concordia to be towed past the French island of Corsica on its way to Genoa for scrappage.
Some 67 insurance and reinsurance chief executives recently signed The Geneva Association’s Climate Risk Statement in Canada. Michael Butt, chairman of Axis and co-chair of the association’s extreme events and climate risk working group, comments...
Funding for maintaining flood defences is at a "bare minimum" and is the first area to be cut when "budgets are tight", according to the Environment, Food and Rural Affairs Committee.
In an attempt to control pollution, Chinese authorities are trying to eliminate 11m high polluting cars from the roads in the next two years.
The increasing popularity of ridesharing is creating a range of challenges for insurers – particularly when it comes to liability
by Alan Dobson, director environmental claims division at QuestGates
Cunningham Lindsey has appointed Simon Hughes as an environmental consultant in its environmental solutions team.