Author: Jakki Green
WEF warns interconnected risks will have long-term impact – unless action is taken now
Deeply interconnected global risks are threatening both short-term security and longer-term stability, warned the World Economic Forum (WEF) in its la [...]
Greenwashing not fooling investors, new study finds
The more impact companies have on climate change, the more likely they are to issue climate reports, a new study has revealed.
According to the Vie [...]
Two severe weather events in Africa contributed to overall nat cat figures, revealed Munich Re
Two severe flood events were the year’s worst natural disasters in Africa, according to the 2022 natural catastrophe report from Munich Re.
Followi [...]
Reinsurance markets face tough start to 2023, warns Guy Carpenter
January 1 renewals are proving to be one of the most challenging reinsurance markets the sector has experienced, as reinsurers and cedents work to est [...]
UK pledges £200m to help adaption to climate change across Africa
The UK has announced a significant increase in its financial support to the poorest African countries that bear the brunt of climate change.
Speaki [...]
Insurance will play ever larger part in managing climate change risks, suggest Egyptian insurers
Insurance and other risk transfer and financing mechanisms will become increasingly important in managing catastrophic risk as countries transition to [...]
JBA Risk Management launches climate change flood models and data for every location worldwide
The first in-depth insight into the potential impact of climate change on flood losses within every country in the world has been launched by JBA Risk [...]
Three global insurers agree deal to enable AfDB to scale up on climate financing
Three global insurance players, the African Development Bank (AfDB) and the UK have agreed a new and innovative risk sharing transaction known as the [...]
Turbulent capital markets take their toll on insurers – rigorously pricing in inflation is key for Munich Re
The combined impact of economic and geopolitical crises is causing virtually unprecedented levels of complexity in the business environment for primar [...]
African insurers increasingly reporting on TCFD disclosures
Some 80% of companies are reporting at least one Task Force on Climate-related Financial Disclosure (TCFD), according to the 2022 Status Report, with [...]