Category: Environment
IDF launches open access risk modelling, alongside African case studies
The Insurance Development Forum (IDF) risk modelling steering group (RMSG) has launched a series of open-access risk modelling tools designed to advan [...]
More than 250 insurance professionals join the inaugural Nairobi Declaration on Sustainable Insurance Summit
More than 250 insurance industry leaders, regulators and policymakers gathered in Accra for the first Nairobi Declaration on Sustainable Insurance (ND [...]
MAIF supported by Moody’s in understanding climate risks
MAIF (Mutuelle assurance des Instituteurs de France), a mutual insurer supporting more than four million households, associations, businesses and comm [...]
New global early-stage carbon credit delivery insurance product launching out of London
Tokio Marine International (TMHCCI), joined by Markel and Apollo, are providing insurance capacity for Artio, to power its data-driven early-stage car [...]
Spending on clean energy set to rise by a third, but buying the right insurance remains a challenge
Natural resources are at a tipping point, with average spend across the industry on clean energy technologies expected to increase by more than a thir [...]
Ethiopia signs MoU with ATIDI to support renewable energy projects
Ethiopia has signed a Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATIDI), a pan-African multilateral trad [...]
Insurance protection gap for natcats estimated at 60%, warns WTW
As 2024 becomes the first year to exceed 1.5°C warming above pre-industrial levels, the insurance protection gap for natural catastrophes is estimated [...]
European regulators show direction of travel on insurer standards factoring natural catastrophes
The European Insurance and Occupational Pensions Authority (EIOPA) is recommending updates to the way natural catastrophe risks are accounted for in i [...]
Global natural disasters 14% up on 21st-century average in 2024, warns Aon
Global natural disaster events caused US$368 billion (2023: $397 billion) in economic losses in 2024, driven by hurricanes and severe convective storm [...]
Insurers have their role cut out in the race to fill a $236bn nature financing gap
Insurers can play a pivotal role in driving the $463bn target for investment and financing nature-based solutions (NBS) that protect natural and semi- [...]