The Bank of England has written to 30 large insurers to raise concerns and ask the companies whether climate change poses a material risk to the...
Insured losses caused by damaging weather events in East Asia over the last three decades have totalled $76 billion (£47 billion) as floods and typhoons become...
Sea levels rise would increase the frequency of coastal floods and cyclones, resulting in huge financial losses especially in developing countries, according to a reinsurance firm’s...
Five US states have made it compulsory for insurers paying out more than $100m a year to complete a survey on climate-related risks. The ruling covers...
MPs have criticised the government’s short-sightedness over investment in flood defences, which they say is threatening the UK’s food production. Speaking after George Osborne’s spending review...
An insurance industry thinktank has warned that the warming of the oceans and extreme weather are changing the attitude of insurance and reinsurance companies, as parts...
Residents affected by the Oklahoma tornado in the US might not have sufficient insurance cover to restore their properties, with the insurance industry already struggling because...
In yesterday’s Times, Rupert Murdoch’s favourite climate writer, Conservative peer Matt Ridley, attacked anecdotes about extreme weather as those of a pub bore. Apparently, Arctic springs...
A number of reinsurance companies – the insurers of the insurance firms – have started to address climate change issues, but many still ignore the importance...
A report by one of the world’s largest reinsurance firms has highlighted the important role insurers must play in tackling climate change and developing renewable energy....