Archive

Don't treat climate change as 'just a long-term risk', insurers told

Insurers have made good progress on identifying and managing climate risk in their own balance sheets, but they need to do more to support customers and society make the transition to net-zero emissions, according to ClimateWise.

Nature risks 'neglected' in insurer underwriting

Nature-related risks are being neglected in the insurance sector's underwriting activities due to a lack of awareness and understanding, a report has said.

News round-up: Green Investment Group, Nuveen, Rathbones and more

Prince Charles's three pieces of advice to insurers

Insurers improve climate response but need to look outwards, ClimateWise finds

The more than 30 insurance organisations in the ClimateWise coalition have reported significant improvements in their adherence to the group's principles, but there is room for improvement particularly in their external engagement and transparency.

Climate reporting 'more onerous for insurers than Solvency II'

And "numbers on physical risk too scary to disclose" ICR's audience told

Mandatory climate change disclosures - only a question of time

Geoff Summerhayes, board member of the Australian regulator and chair of the UNEP SIF, warns insurers of increased scrutiny from regulators

ClimateWise launches practical guides to scenario analysis

New and updated tools have been launched to help Investors use scenario analysis to understand how climate risks could affect their investment portfolios.

CISL to launch open-source tool to assess infrastructure transition risk

The Cambridge Institute for Sustainability Leadership (CISL) is preparing to launch a modelling tool to assess how the transition to a low-carbon economy will impact the financial performance of infrastructure investments.

Climate change increases cost of debt for developing countries

The intensification of climate risks and the degree to which they are accurately priced by financial markets are of increasing concern to global economic stability. However, as awareness around those risks has risen over the last years, there is still a long way to go to consistently measure and monitor their costs, which can result in substantial gains or losses for institutional investors. Vincent Huck reports