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Climate
How climate change is making it more difficult for risk managers to find adequate insurance
As insurers grapple with increasingly frequent and severe natural catastrophes, the insurability of cat risks is being called into question, with worrying implications for risk managers.
Brokers missing the mark on ESG factors
UK brokers are failing to consider ESG factors when evaluating insurers, according to new research from GlobalData.
Global warming likely to overshoot 1.5C by 2030s, warns IPCC
Changes in the food sector, electricity, transport, industry, buildings and land-use can reduce greenhouse gas emissions
Major floods continue across NSW, Victoria
Widespread disruption continues due to flood-impacted roads, rail, homes, properties, businesses and agricultural land
COP27: ‘Tangible progress’ needed to close climate finance gap
The recent floods in Pakistan caused $30 billion in economic losses - more than 10% of the country’s GDP
Special report: Climate change 2022
Why risk professionals are the ideal people to make sense of the complexities surrounding climate change
Asian nations lead emerging world in climate commitment
Malaysia and China are ’exemplars’ and governments of Bangladesh, Malaysia and the Philippines are ’strongly committed’
Are you ready for the SEC climate rules?
Publicly-listed firms will be compelled to report on third party climate risks as well as their own
Moving towards net zero
Opportunities and risks around greener business
Marsh expands climate transition offering
Collaboration with deep tech data analytics platform will help corporations understand, manage, and report on their net zero journey
Geopolitics, climate crisis and state meddling
Why 2022 will be a high-wire act for Asian businesses
WEF Report: From ‘fight or flight’ to ‘boiling frog’
Why it’s time to shift out of crisis management mode as geopolitical tensions obstruct resilience efforts
WEF Report: Climate inaction dominates global concerns
Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on
How climate is changing the world’s boardrooms
75% of board members say climate change is very or entirely important to the strategic success of their companies - report
COP26: Risk management “central” to climate mitigation
Insurance industry has a “unique contribution” in advancing understanding and sharing of climate-related risks - report
COP26: International Sustainability Standards Board launches
Move represents a “major step forward in establishing consistent, comparable global reporting standards” - TCFD
COP26 “must be a turning point” - UN
As the World Leaders Summit gets underway in Glasgow, WMO warns the past seven years were the hottest on record
IRM publishes climate change guidance
It is the first time the IRM has published a guidance report focused solely on climate change for risk managers
Global floods events lead 2021 nat cat tally - CRESTA
Extreme floods in Henan province in July caused claims of $1.9 billion, the largest cat event loss ever for Chinese insurers
A nature-based approach to risk mitigation
Why firms most impacted by the climate crisis are looking more strategically at nature-based solutions
Chinese insurers endure costliest-ever nat cat
The total economic cost of flooding in China in July has been estimated at nearly $25 billion - Impact Forecasting
Aon: Nat cat losses reach $93 billion in 1H
Fatalities due to temperature extremes were the deadliest type of disaster during the first six months of 2021
Climate: Tide turns on energy firms
After Shell and ExxonMobil, why climate change in major emerging markets could be next legal battleground for energy firms
WTW launches climate transition risk framework
New tool will assess companies’ transition plans to a low-carbon economy and ensure firms can continue to access insurance
Environmental risks a growing credit driver for Chinese insurers
Insurers’ have a rising exposure to climate-related disasters and decarbonisation policies warns Moody’s
Financial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
NSW floods declared a catastrophe
Large parts of New South Wales, including Mid-North Coast and Hawkesbury-Nepean, are inaccessible after widespread floods
Nat cat loss tally rises in October
Total combined economic losses from heavy seasonal rainfall across India are estimated at $4 billion
Study predicts near-normal tropical cyclone activity
Above-average numbers are however anticipated for the Philippines in the first part of 2020, as ENSO neutral conditions continue
COVID-19: The role of climate change
Climate change and growing extremes will likely increase the threat of global pandemics, according to AIR Worldwide
2018: Worst natural disaster
In 2018, a number of large storms have battered the globe leaving a trail of physical and economic destruction behind them. StrategicRISK is looking back on the year by examining the costliest natural disaster.
Climate risk could make world 'uninsurable'
Increasing risks to all businesses as nations are failing to act on their current Paris Agreement commitments, with the planet is heading towards a 4°C or higher trajectory.
Nat-cats driving risk strategy changes in APAC
The globe is being battered by an increasing number of natural catastrophes which are forcing risk managers to rethink strategy. Andre Martin, head of innovative risk solutions, Swiss Re Corporate Solutions tells StrategicRISK why you shouldn’t let natural perils disrupt your business.
Emerging risks to watch in 2019
As we approach the final months of the year, which issues are expected to pose the greatest threat to risk managers in 2019? Leading managers pick the top emerging risks for the year ahead.
Global initiatives drive climate change collaboration
The Asia-Pacific risk industry is rethinking its approach to climate change, driven by global initiatives encouraging climate-related financial disclosure and industry collaboration.
QBE's new climate risk tool is out of this world
QBE forms a partnership with climate prediction and risk management firm, Jupiter.
Top risk priorities for the Ayala conglomerate
StrategicRISK caught up with Victoria Tan, head of risk management and sustainability at Philippine conglomerate Ayala Corporation, at Risk Forum APAC 2018 in Singapore to find out what makes her tick
Beware the Gray Rhino, not just the Black Swan
IKEA China’s risk management and compliance director and RIMS board member Robert Zhang spoke to StrategicRISK about the fast-changing risk landscape
Nowhere to hide from climate risk
Climate Action 100+ initiative, launched in Paris today, will target 100 global companies responsible for an estimated 15% of global emissions