Category: Environment

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Insurers urged to improve understanding of climate risk

Insurers urged to improve understanding of climate risk

Global insurance regulators are encouraging the industry to improve its understanding and management of the financial risks associated with climate ch [...]
Against the ropes – managing risk for a sustainable African future

Against the ropes – managing risk for a sustainable African future

A country’s ability to manage risks across the private and public sectors is central to creating a sustainable future. The Institute of Risk Manage [...]
RMS launches climate change models

RMS launches climate change models

Catastrophe risk solutions company RMS is to launch a new suite of climate change models to help customers assess the near- and long-term impacts of c [...]
World Bank gives $50m towards building resilience through insurance in Tunisia

World Bank gives $50m towards building resilience through insurance in Tunisia

Insurance is to be a key component of a major disaster and climate resilience project for Tunisia, through a combination of government and private-sec [...]
Willis launches hail risk model for South Africa

Willis launches hail risk model for South Africa

Willis Re has launched a new hail catastrophe risk model to quantify the risk from damaging hail events across South Africa. The broker said the mo [...]
Africa to bear brunt of water shortages with massive infrastructure shortfall

Africa to bear brunt of water shortages with massive infrastructure shortfall

The United Nations warns that the world could face a 40% shortfall in water supply by 2030, with Africa – which already suffers from greater levels of [...]
Covid-19 and ESG driving resource nationalism

Covid-19 and ESG driving resource nationalism

In the last year alone, 34 countries witnessed a significant increase in resource nationalism, according to the latest research from Verisk Maplecroft [...]
Climate change: differing risks to both sides of insurers’ balance sheets

Climate change: differing risks to both sides of insurers’ balance sheets

Insurers are facing differing physical and transition risks from climate change, according to a new report. Climate Risk Assessment for the Insuran [...]
Sustainable shipping driven by finance

Sustainable shipping driven by finance

The drive towards a sustainable maritime sector is being led by the financial services sector, according to a new report from lawyers Watson Farley &a [...]
Golden opportunity for insurers to grow their business

Golden opportunity for insurers to grow their business

Insurers have a golden opportunity to enhance or extend their product portfolios in the face of changing physical risk patterns, according to a panel [...]
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