Climate change
Hotter, wetter and windier weather poses a threat to insurers
The Inter-governmental panel on climate change has identified rising temperatures, heavier rain and stronger winds as threats to insurers.
Climate Wise reports zero improvement
Climate Wise member firms' compliance with the climate change group’s principles has stagnated at 88% after three years of improvements from a starting score of 65%.
Natcats and the insurance sector
The European Union is currently consulting on natural catastrophes. Vic Wyman reports on the part the insurance industry has to play.
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
Risk modelling - Riots: Out of control
The recent riots across England emphasised the destruction such uprisings can inflict. But why do riots start and can their triggers be predicted and planned for?
Climate change: A changing environment
With insurers rushing to provide environmental cover, how are they performing themselves in the climate change stakes?
BIS 2011: Industry must up government lobbying or risk unsustainable losses
Stronger engagement with national governments is essential to overcome the current insufficient focus on natural disaster mitigation and to push through long-term reforms that will help reduce total event cost.
Swiss Re chief becomes head of Climate Wise
Swiss Re director John Coomber is to become the new chairman of Climate Wise on 1 October.
Climate Wise chairman named
John Coomber, member of the board of directors of global reinsurer Swiss Re, will become the new chairman of Climate on 1 October.
French academic institutes join Willis Research Network
Willis Research Network has introduced two new French members to its network.
BIS Countdown - Patrick Snowball: A hostile climate
Faced with unsettled stakeholders and challenging operating environments, Patrick Snowball argues insurers must still prove they can lead reform from the front.
Career development & CSR: Aviva slashes power costs with PC monitoring solution
When composite insurer Aviva found that 60% of its PCs were being left on after work on weekdays and over the weekend it decided to act. And it claims a power management system run across the company’s 30 000 PCs will save the electricity equivalent in a…
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on the effect of climate change on property and an interview with a UK broker which has succeeded in France.
Cutting down on carbon – mitigating the effects of climate change.
Climate has a profound impact on property-related assets and as scientific evidence of a change in climate becomes more compelling Dr Cliff Warman asks how prepared the European insurance industry is now and for the future.
Microinsurance - A solution to all ills?
Microinsurance is being touted as the answer to insuring the poorest regions of the world against extreme weather threats. However, as Stephanie Denton reports, this may not be the case.
Marsh warns businesses to face up to impact of climate change
“Robust risk mitigation strategies” to deal with climate change are required to protect businesses from major losses, according to Marsh.
Career development & CSR: RSA Group helps fund climate change park
RSA Group has helped fund a climate change park in Dagenham as part of a public private partnership.
Climate change – are insurers getting behind their own green policies?
With the general public becoming ‘bored’ by environmental issues, Veronica Cowan asks if insurers are really getting behind their own green policies.
Penny Black's insurance week
Penny was uncertain as to how her colleagues would fare when they turned their hands to cocktail-making at an Ace Europe masterclass in the City.
Exclusive Climate change content now available on Post Europe
Post Europe’s weekly update is now live with an article discussing the outcomes from the recent climate change conference in Cancun; and an interview with QBE’s general manager for Central and Eastern Europe Petko Tonchev on the issues in the region.
Post Europe: After the Cancun climate summit: Will global action follow?
At the recent United Nations’ climate conference in Cancun, nations came together to discuss environmental plans. David Bresch explains what happened in Cancun and what the new consensus means for the insurance industry.
Insurance think tank: regulation, climate change and stability key issues for 2011
International insurance think tank, The Geneva Association, today outlined what it believes are the key issues for the insurance industry in 2011.
Post Europe: Major loss in the Mediterranean
Natural catastrophes across the Mediterranean made the headlines last year but fires are just as high risk for major losses as Jane Bernstein learns and European insurers also need to keep their eye on new and emerging risks.
Major loss in the Mediterranean
Natural catastrophes across the Mediterranean made the headlines last year but fires are just as high risk for major losses as Jane Bernstein learns and European insurers also need to keep their eye on new and emerging risks.