Apr 3, 2023 NewsInsurer quits climate alliance, citing legal fears Munich Re has left the Net Zero Insurance Alliance, fearing legal action from politicians in the US Republican party.
Jan 10, 2023 NewsHurricanes and floods bring $120bn in insurance losses in 2022 Hurricane Ian in Florida caused a big chunk of the financial losses while floods in Pakistan, Nigeria and South Africa killed the most people
Jun 9, 2023 CommentRepublicans’ anti-ESG attack may be silencing insurers, but it isn’t changing their pro-climate business decisions Republicans are pressuring insurers out of climate coalitions but won’t change their pro-climate business decisions
Oct 21, 2022 NewsStorms don’t discriminate, people do – Climate Weekly Sign up to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events
Oct 21, 2022 NewsHurricane Ian could push insurers out of Florida Facing huge claims and legal bills from climate-driven disasters, insurers may pull out of Florida or charge extremely high prices
Jul 18, 2022 FinanceGermany promotes insurance-based ‘global shield’ for climate victims The German initiative aims to fix the flaws in humanitarian aid, but with no new money behind it campaigners are sceptical
May 18, 2016 FinanceMark Carney backs insurance drive for Paris climate deal Banking chief joins CEOs of Aviva, AXA and Swiss RE in supporting initiative to help poor countries cope with projected climate threats
Mar 25, 2015 FinanceInsurers told to pull cover from coal companies NEWS: Climate risks linked to burning coal should make insurers think again before backing industry, says Jeremy Oppenheim
Mar 11, 2015 FinanceClimate one of “top risks” facing insurance industry – Mark Carney NEWS: Bank of England chief defends climate risk investigation against “green claptrap” jibe from Lord Lawson
Mar 30, 2014 PoliticsSwiss RE calls for adaptation drive as extreme weather events rise NEWS: Insurers on the frontline of climate change say more investment is needed in resilient infrastructure
Jan 9, 2014 FinanceFlooding could cost UK insurance industry £400 million Consultants PwC say flooding costs to insurance industry will continue to rise, as government’s new scheme accused of neglecting climate impacts
Dec 13, 2013 NewsDowning Street at risk of flooding says UK environment agency Over 5 million UK homes at risk of flood each year, but climate change ignored in new government flood insurance plan
Oct 16, 2013 FinanceLloyd’s insurers mock climate sceptics over ‘global cooling’ Head of exposure at leading insurance brand says ignoring IPCC report is not an option, calling on all regions to think about developing resilience
Jul 23, 2013 FinanceConnecticut and Minnesota tell insurers to recognise climate risks US states say they will require insurance companies to reveal how prepared they are to cope with risks related to climate change
Jun 25, 2013 FinanceInsurance firms press governments on climate adaptation Industry think tank warns “quasi-irreversible” shift in ocean temperatures will end business as usual and calls for more adaptation investment
Jan 4, 2013 FinanceNatural disasters cost $160bn in 2012 Hurricane Sandy costliest single event but non-economic losses from agriculture could be felt long into 2013
Nov 6, 2012 PoliticsAustralian infrastructure not up to facing new climate reality, according to new report Unmitigated climate change leaving country with annual infrastructure bill of A$9bn and rising.
Oct 29, 2012 NatureHurricane Sandy: the climate change alert the USA was fearing The Hurricane Sandy Frankenstorm may not help scientist’s link storm frequency and climate change but it could be a painful demonstration of what New York can expect if extreme weather becomes the norm
Sep 24, 2012 FinanceExtreme weather cost US insurers $34bn in 2011 Drought, wildfires and flooding pile on pressure as report calls for insurance industry to factor climate change into new models
Jan 5, 2012 Finance2011 disasters make it costliest year on record 2011 was one of the costliest years on record in terms of natural catastrophe, 90% of which were weather related.