EIOPA’s Fossil Fuel Proposals Pose Minimal Impact on European Insurers’ Ratings
European insurers’ ratings will remain unaffected by the proposed capital surcharges on fossil fuel-related assets, according to EIOPA
Climate risk
“Climate Risk” focuses on the analysis and discussion of how climate change impacts the insurance industry, businesses, and global economies. It explores the financial risks associated with extreme weather events, rising temperatures, and environmental changes. Topics include regulatory changes, risk management strategies, and the role of insurers in mitigating climate-related losses.
The category also covers innovations in climate risk modeling, disaster preparedness, and sustainability practices within the insurance sector. Insights from experts, data-driven analysis, and reports help insurers and stakeholders navigate the increasing complexities of climate risk, ensuring better resilience and adaptation strategies.
Top Risk in Insurance: Cyber, Climate Change & Business Interruptions Dominate 2024
Cyber incidents, changes in climate, and business interruption are the chief risk concerns among key marketplace segments in the insurance industry
Insurance Risk Dashboard. 10 Key Risks of the European Insurance Sector
EIOPA’s Insurance Risk Dashboard: European insurance sector’s risks remain stable at medium levels, with some vulnerabilities linked to market volatility and fluctuating real estate prices
Climate Change Resilience in Global P&C Insurance: Profitability & Underwriting
Primary insurers have varying levels of exposure to climate risk, with the property and casualty insurance markets in the US and Japan identified as the most sensitive
El Niño & La Niña. Direct Impact for Insurance Industry
Insurance alone cannot help protect the region from disruption caused by severe weather events brought by El Niño and La Niña
Forum for Insurance Transition to Net Zero Scales Up Climate Action by Insurers
Forum for Insurance Transition to Net Zero (FIT), a new UN-led and convened structured dialogue and multistakeholder forum
Impact of Climate Change on Health & Life Insurance Industries
In the insurance industry, understanding of the risks related to climate change is mostly concentrated in P&C business lines as well as investments
Global Natural Catastrophe Report: Q1 2024 Insurance Insights
The global financial cost of natural catastrophes starting in 2024 was manageable for federal governments and the insurance industry
Insurance Can Minimize the Renewable Energy Transition Risks
The insurance sector should engage with the developers of a fast-developing new technology that may be crucial to the renewable energy transition
Corporate & Business Risks Radar: Impact for Insurance Sector
Corporate risk radar delves into the risk landscape and has identified economic risk, people challenges, and increased regulatory and compliance burden
TOP 20 Costliest U.S. Hurricanes. Losses Will Increase by 10% over 20 Years
Aon’s work with Columbia University has revealed that under selected scenarios, U.S. hurricane losses would increase by at least 10% over 20 years
Climate-Related Risks in the Insurance Sector
Climate change is an overarching global threat and a source of financial risk in the Insurance Sector, according to recent report, the United Nations
Climate Risk & Weather-Related Re/Insurance Industry Losses Review
Climate risk has once again been the catalyst for insurance and reinsurance market change. Major losses caused by extreme weather events in recent years
How Insurance Companies Are Preparing for a Net-Zero Future?
The insurance industry has had to rethink its business strategies to prepare for more ambitious decarbonization initiatives across sectors
How Digital Transformation Accelerating the Insurers Growth?
Insurers surveyed by the Deloitte Center for Financial Services remain fairly bullish when it comes to their growth prospects for 2022
The insurance and reinsurance sectors face an expanding risk landscape, driven by critical challenges such as climate change and cyber threats
The 2024 Atlantic hurricane season ended on November 30, marking a year of above-average storm activity and substantial insured losses in the U.S.
PERILS has released its third insurance industry loss estimate for the floods that hit southern Germany from May 31 to June 6, 2024
Atlantic Canada has become a growing target for auto theft, according to the Insurance Bureau of Canada. In the 2024, auto theft claims in the region rose by 13%