Insurance

Increased wildfires across France, Spain and Greece are putting pressure on European insurance firms, exposing the 'narrow margins in high-risk property coverage', according to new analysis from GlobalData.

European wildfires putting increased pressure on insurance industry

2 months ago2 months ago3 mins

Increased wildfires across France, Spain and Greece are putting pressure on European insurance firms, exposing the ‘narrow margins in high-risk…

Op-ed by Roger Lewis, head of sustainable investment consulting, Ilex Associates.

How sustainability boosts access to capital and attracts investors

6 months ago6 months ago6 mins

Op-ed by Roger Lewis, head of sustainable investment consulting, Ilex Associates. A company accessing debt or equity capital is at…

Climate risks are 'redrawing the boundaries' when it comes to how the insurance and reinsurance markets are managing losses, a new report by the Stockholm Environment Institute has found.

Climate risks ‘redrawing the boundaries’ of the insurance market

9 months ago9 months ago4 mins

Climate risks are ‘redrawing the boundaries’ when it comes to how the insurance and reinsurance markets are managing losses, a…

Some 70% of Danish consumers are concerned that climate change will make it more expensive for them to insure their homes against potential flooding, a new study by Forsikring & Pension (F&P), conducted by Epinion, has found.

Majority of Danish consumers concerned about effect of climate change on insurance costs

10 months ago10 months ago3 mins

Some 70% of Danish consumers are concerned that climate change will make it more expensive for them to insure their…

The growing impact of extreme weather remains 'at the forefront' of concerns in the insurance and reinsurance industry, Swiss Re has said.

Extreme weather ‘at the forefront’ of insurance industry concerns

1 year ago1 year ago3 mins

The growing impact of extreme weather remains ‘at the forefront’ of concerns in the insurance and reinsurance industry, Swiss Re…

Some 41.9% of industry professionals in the insurance sector consider it essential for the industry to offer environmentally friendly products and services, new data by GlobalData has found.

More than two fifths of insurance professionals see environmentally friendly products as vital

1 year ago1 year ago4 mins

Some 41.9% of industry professionals in the insurance sector consider it essential for the industry to offer environmentally friendly products…

The increasing frequency of hurricane activity in the United States means that some 33.1 million homes across the country – from Texas to Maine – are at moderate or greater risk of hurricane wind damage, a new report from Cotality has found.

Over 33 million homes across the US at risk from hurricane damage

1 year ago1 year ago3 mins

The increasing frequency of hurricane activity in the United States means that some 33.1 million homes across the country – from…

Eco-conscious travel is on the rise, with some 60% of tourists prioritising sustainability in their travel plans, according to a new survey by Squaremouth.

Three fifths of tourists prioritise sustainability in their travel plans

1 year ago1 year ago2 mins

Eco-conscious travel is on the rise, with some 60% of tourists prioritising sustainability in their travel plans, according to a…

Financial institutions face challenge of decarbonising while staying tied to fossil fuels

1 year ago1 year ago4 mins

Financial institutions are continuing to accelerate their decarbonisation efforts, however they remain reluctant to reduce their fossil fuel investments, in…

Despite the increase in deadly flooding, wildfires and extreme weather around the world, just 20% of global executives surveyed by insurance firm Beazley rank climate risk and associated catastrophic risk as a top concern.

Climate risk not a top concern for executives, study finds

2 years ago2 years ago3 mins

Despite the increase in deadly flooding, wildfires and extreme weather around the world, just 20% of global executives surveyed by…