A new UN report warns that climate change will have dire effects on the global food and water supply, potentially making some parts of the globe uninhabitable and begging the question: when will we get serious about climate change?
Adopting smart surfaces city-wide provides a broad range of financial benefits and risk reduction impacts, including increased climate resilience and lowered risk of credit rating downgrades.
More than 7,000 companies have submitted reports explaining how global warming will damage their businesses financially; and now it’s reaching into the trillions.
Risk managers and insurers think a lot about hurricanes and the immediate damage left in their wakes: buildings leveled, businesses ruined. But what about lingering exposures?
Coal-fired power plants are leaking pollutants like arsenic, lithium and chromium, and it begs the question, are insurers responsible for spill claims?
European insurers have taken measures to withhold the backing of coal mines and other ventures that contribute to global warming. U.S.-based insurers have been less than outspoken on the topic.
From traditional risks like safety and oil volatility to emerging exposures like climate change litigation, here are the top risks facing the sector today.
Experts have developed a rating system for a newly studied weather phenomenon called atmospheric rivers — long, narrow collections of water vapor that cause rain and snow.
Businesses will certainly want to insure catastrophe-related crop damage as well as keep supply chain coverage, but that could be difficult to insure as climate change continues its devastating wrath.
Respondents to a survey by AXA indicate that they are growing increasingly concerned about the impacts of climate change and the inability of global leaders to stop it.