Climate change
Large corporates facing ‘ambiguous and challenging’ risk landscape
A confluence of global risk trends means large corporate clients are finding it harder to manage international insurance programmes and are increasingly looking to alternative solutions, Swiss Re Corporate Solutions’ Adrian Hall has said.
Extinction Rebellion leaks insurance CEO contact details
Extinction Rebellion has shared the contact details of insurance CEOs and senior-level executives with protestors as part of its Insure Our Survival week of action.
Climate activists launch week of action at Walkie Talkie building
Extinction Rebellion has targeted the Walkie Talkie building today (28 October) to kick off its Insure Our Survival week of action.
Ferma vice-president reports lack of ‘concrete action’ to aid net zero transition
Two years on from the Federation of European Risk Management Associations calling out insurers for not doing enough to support clients transitioning to net zero, the body’s vice president has said there has been a lack of concrete improvement.
LMA calls for underwriter training to address ‘silent’ transition
The Lloyd’s Market Association has recommended that underwriters go through transition training to understand client’s transition pathways and avoid “silent” transition risks.
Over half of risk managers think key risks are set to become uninsurable
More than half of risks managers believe that some of the key business activities and locations are set to become uninsurable, a survey by the Federation of European Risk Management Associations has found.
Could climate change drive an insurance availability crisis?
Climate change risk cannot be underestimated, neither can the insurance industry’s need to address the challenges it brings. CRIF’s Sara Costantini explains how the strong correlation between the use of ESG key indicators and improved loss ratios…
Storm damage behind one in five of Aviva’s home claims
Aviva has revealed that 19% of all UK home claims between 2020 and 2024 were related to storm damage.
Allianz’s Thomas on how insurers can be sustainability change-makers
View from the Top: Bethany Thomas, head of sustainability at Allianz, says it’s time for the insurance industry to deliver on its sustainability ambitions.
Extinction Rebellion issues fossil fuel ultimatum to 52 insurance firms
Extinction Rebellion has given insurers 14 days to announce they will no longer be insuring new fossil fuel projects.
Aviva’s Storah urges ‘belt-and-braces approach’ for climate impacts
View from the Top: Jason Storah, CEO of UK & Ireland general insurance at Aviva, says the UK needs a holistic approach to flood risk management in a changing climate.
Howden and Microsoft launch climate risk platform
Howden has collaborated with Microsoft on a platform aimed at enabling clients to manage climate risk and increase climate resilience.
Climate protesters enter Chubb’s Manchester office
Eight Extinction Rebellion protesters entered Chubb’s Manchester office yesterday (19 September).
GoCompare’s partnership; Axa’s claims service; Davies’ chief AI officer
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Look to the skies to manage climate change risk
By leveraging advanced technologies like satellite data, Forbes McKenzie, founder and CEO of McKenzie Intelligence Services, argues insurers can better predict, manage and mitigate the impact of increasingly common frequency and severe natural disasters.
Is the ombudsman right to target loss adjusters?
Content Director’s View: With property claims on the increase and loss adjusters in the Financial Ombudsman Service’s firing line, Jonathan Swift asks the sector what it is doing to address the flack.
ESG Spotlight: The ESG opportunity for SME brokers
As ESG becomes more important to SMEs, Saxon East says brokers can work with forward-thinking insurers to help their clients.
How insurers address evolving supply chain risks
How incidents like the attacks in the Red Sea, drought in the Panama Canal and Baltimore bridge collision have the potential to create cascading exposures for insurers is examined by Tim Evershed.
ESG Spotlight: Ethics, talent and underwriting profit – how ESG can help insurers
While there is a lack of clarity on how insurers can embed ESG into working practices, despite its growing importance, Saxon East reports some insurers are showing the way.
ESG Spotlight: Can SME commercial insurers drive profitable growth with ESG data?
ESG continues to act as a catalyst for change across business operations and culture with its reach having extended to the UK SME sector. What does this mean for SME commercial insurers and can they use ESG data to better assess risk and create…
Allianz’s Côté on the insurer of the future
View from the Top: Nadia Côté, UK managing director of Allianz Commercial, outlines how changing customer needs, new technology and emerging risks will shape insurers over the next decade.