All Climate change articles – Page 2
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Lloyd’s chairman meets Gov Schwarzenegger
Climate change and collateralisation at the top of the agenda
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Swiss Re firm to manage Carbon Credit Fund
The fund is currently investing in the carbon credits produced by so-called "post Kyoto" projects
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PCI says no to NAIC climate risk disclosure framework
Disclosure proposal is not the appropriate tool to bring greater transparency, argues PCI
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Munich Re joins forces with CarbonRe
The partnership will protect the buyers of carbon credits and renewable energy projects among other things
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US tornado losses already exceed $1bn in 2008
Could AM Best's review provide a grim forecast of weather losses to come?
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Munich Re foresees growing catastrophe claims in India
'In coming decades, the effects of climate change will make themselves felt particularly in emerging markets'
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Investment Analysis
Once bitten, twice shy
Only one catastrophe bond has ever been triggered and the market has tripled since 2005. Could losses in 2008 put off investors who are not accustomed to paying out? asks Lindsey Rogerson.
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Analysis
Climate change pioneers
Insurers have taken significant steps but more is needed to combat climate change, say industry leaders at the World Insurance Forum
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Analysis
Australia addresses flood risk
New Australia PM Kevin Rudd is supporting the insurance industry's drive to improve the country's flood mapping systems
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California wildfire risk increasing, says RMS
Costing $2.5bn in California alone, 2007 was one of the costliest wildfire seasons ever
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Ireland pledges $2.4m to Caribbean cat pool
Almost $70m raised in the Caribbean Catastrophe Risk Insurance Facility's first year
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Industry Matters
A catastrophic year
Despite the low level of losses, 2007 had more catastrophes than any other year on record, reveals Angelika Wirtz.
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New study pinpoints danger of sea surface warming
Benfield scientists say sea surface warming was responsible for about 40% of the increase in Atlantic hurricane activity
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Swiss Re moves carbon emissions desk to UK
Move due to London becoming "epicentre for carbon markets"
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Allstate results hit by wildfire losses
Insurer’s fourth quarter results hit by 7,000 claims costing over $300m
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RMS: Climate change will amplify flood exposures
By 2070s 150 million people will be at risk; exposed assets in Miami alone will be over $3.5trn
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Features
Capital market revolution
Capital market solutions will transform the industry, predicted delegates at our Insuring Climate Change conference. Helen Yates reports.
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Analysis
PCI: Don’t panic about climate change
"Prepare don't panic" advise speakers at the PCI conference