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2018 cat losses will be far worse than early estimates, says JLT Re
28 January 2019Total insured catastrophe losses for 2018 will be significantly higher than the $80 billion -90 billion reported by Swiss Re, Munich Re, Aon and others, according to broker JLT Re.
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QBE sets impact investing target at $1bn
18 January 2019QBE has set a goal to grow its impact investment portfolio to $1bn by 2021, tripling its previous minimum commitments.
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Environmental concerns top World Economic Forum's risk lists
16 January 2019Environmental risks have once again dominated the World Economic Forum (WEF) lists of the most likely and impactful risks facing the world.
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Swiss Re estimates 2018 catastrophe bill at $2.9bn
15 January 2019Swiss Re expects a bill from large catastrophes and man-made disasters of $2.9 billion for 2018 with nearly half coming from the fourth quarter alone.
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California's new insurance regulator echoes Dave Jones on climate issues
08 January 2019California's new insurance commissioner has followed in the footsteps of his predecessor Dave Jones, by linking the state's recent forest fires to "the threat of climate change".
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Stormy weather cost German insurers $3bn in 2018
07 January 2019Storms and heavy rain cost Germany’s property and casualty (P&C) insurers €2.7 billion ($3 billion) in insured losses for 2018, according to the German Insurance Association (GDV).
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EU unveils draft rules on ESG integration in investment advice
04 January 2019Draft rules on how investment firms and insurance distributors should consider sustainability topics when they advise clients have been published by the European Commission.
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Allianz completes investments for latest renewables fund
17 December 2018Allianz Global Investors (AGI) said its Renewable Energy Fund II (AREF II) is now fully invested, following its latest purchase of 13 solar energy plants in France and Italy.
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Cat bond market: Tried and tested
17 December 2018The cat bond market hit fresh highs in 2018 despite a spate of catastrophes
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Focus on climate risk boosts demand for weather hedging
17 December 2018An increasing focus on climate-related risks has become a significant driver of demand for financial products offering protection against adverse weather conditions, poll winners tell Graham Cooper.