Climate change
Analysis: Hurricane harm
Hurricane season has caused devastation across the Atlantic but, despite the human death toll, the impact on reinsurers is likely to be limited
Intangible risk cover is the future says Pool Re CEO
The future of insurance cover lies in intangible risks, a conference of claims professionals has heard.
Axa's Tanguy Touffut on how Big Data is enabling parametric insurance
Big Data and satellite technology are enabling parametric insurance, explains Tanguy Touffut, CEO of Axa Global Parametrics.
Insuring the Pacific: where cyclones can cost half a nation's GDP
The growing impact of climate change on the Pacific Islands just adds another layer of catastrophe risk to an already highly vulnerable group of countries.
New Zealand research report warns households over climate change
A report commissioned by the Deep South National Science Challenge has given a stark warning over the impact of sea level rise for New Zealand's residents and their insurance needs.
Blog: Risk of flooding will not decrease without collaboration
As an insurer, we do unfortunately see first-hand the devastating impact flooding can have on homes and livelihoods.
Vietnam's growing flood threat
A rapidly rising population in the areas most exposed to flood could make losses in Vietnam an imminent problem for the industry.
Making Winners work: African farm insurance
The Winners Project aims to provide a long-term-solution to the threat of extreme weather for farmers in Africa
Climate change: insurers feeling the heat
The global risk landscape is currently dominated by environmental upheavals caused by climate change. The resulting catastrophes are of concern to people in general and insurers, in particular, tasked as they are with underwriting and managing ever…
AIG warns on rise in Asia-Pacific nat cat travel claims
Research from AIG Singapore suggests that high-impact incidents such as extreme weather events, virus outbreaks and socio-political volatility are the top emerging risks for Asia-Pacific travellers in 2017.
Insurers paid out $50bn for natural disasters in 2016
Insurers paid out $50bn (£41bn) in natural disaster claims during 2016, making it the costliest year for natural catastrophe losses since 2012.
Interview: Colm Holmes, Aviva
Six months into the job, Aviva UK’s newly appointed GI CEO talks to Martin Croucher about the challenges of succeeding Maurice Tulloch and further investment into digital
H1 catastrophe losses to exceed 2015, says Marsh
Global insured catastrophe losses have increased in the first half of 2016 to $27bn (£21bn) compared to $19bn (£15bn) in the first half of 2015, according to Marsh.
Insurers could be hit by exposure to fossil fuel assets
Insurers could face billions of pounds of potential losses from investment in fossil fuels, as the sector has failed to carry out risk assessment on the impact of climate change regulation.
Europe: Reinsurance trends in 2016 and beyond
Reinsurance and global risks are by nature linked, since the reinsurance business is all about risk. To better understand reinsurance trends a look at the global risk landscape is required.
Climate change to outpace planned flood safeguards
Changes in climate are likely to outpace efforts to safeguard UK infrastructure against further flooding, a new report from the Committee on Climate Change has claimed.
Rapid rise of urban populations driving climate change risk, says World Bank
Assets worth $158 trillion (£109 trillion) could be at risk from river and coastal flooding by 2050 unless more is spent on disaster mitigation according to the World Bank.
Blog: Taking action against climate change
Insurers have an important role to play in taking on climate change, both in terms of providing protection and as investors
United Nations secretary-general asks for industry's help on climate change
United Nations secretary-general Ban Ki-moon has urged the insurance industry to work with the organisation in a meeting at the UN's headquarters in New York this week.
UN chief urges insurers to ‘green’ investments to manage climate risk
United Nations secretary-general Ban Ki-Moon has urged the insurance industry to "green" its investment portfolios and double its investment in clean energy to help manage the impact of climate change.
Zurich's Spencer links climate risks with economic growth in Asia-Pacific
Stuart Spencer, general insurance Asia-Pacific CEO at Zurich, warns the Asia-Pacific region could face a "perfect storm" if it fails to understand the full impacts of climate change.
Suncorp's CEO cites climate change as half year insurance profits fall 29%
Michael Cameron, CEO of Queensland based financial services group Suncorp, said a record run of natural disasters were hampering the company's performance.
Climate Change: The future is in our hands
The Paris climate change summit is over – and now the work begins. What response will the insurance sector provide?
CII urges insurer proactivity in climate report
The insurance sector must be more proactive and collaborate with external stakeholders in working to combat the effects of climate change, a Chartered Insurance Institute report has urged.