• Market will decide what climate scenarios to use, says Bloomberg

    15 December 2016

    It is up for the market to decide how best to implement the Financial Stability Board's (FSB) Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and which climate-related scenario to deploy, said Michael Bloomberg, chairman of the report.

  • TCFD Reaction: 'Turning point for climate disclosure'

    14 December 2016

    The launch of TCFD's recommendations were today hailed as a landmark moment for investors campaigning to have climate considerations integrated into mainstream reporting.

  • Swiss Re reinsures China's most populous province against natural disaster

    28 October 2016

    Swiss Re will reinsure 10 prefectures of Guangdong province, in partnership with the Chinese government's People's Insurance Company of China (PICC), by the end of the year.

  • US insurers 'turning blind eye to climate change'

    21 October 2016

    Many US insurers are still turning a blind eye to climate change, with less than 20% attaining high scores for their climate risk reporting, a study has warned.

  • Insuring in a changing climate

    10 October 2016

    A year after the PRA's landmark report into the insurance sector and climate change, Environmental Finance looks at how the industry is responding.

  • EEX to launch wind futures product next month

    01 September 2016

    The European Energy Exchange (EEX) will next month launch a futures product to help power traders hedge against the volatility of wind power production.

  • Reinsurers should reassess catastrophe exposure - S&P

    18 August 2016

    The likelihood of reinsurers failing to break even in a calendar year is now twice as likely than in 2012, owing to firms' exposure to certain catastrophe events, according to a report by rating agency S&P.

  • Natural disasters cause $68bn of losses in H1

    18 August 2016

    A spate of thunderstorms in the US and Europe, and wildfires in Canada helped push the economic losses caused by natural disasters to $68 billion in the first half of 2016.

  • Swiss Re unveils novel disaster insurance product for Chinese farmers

    03 August 2016

    Swiss Re has agreed a reinsurance contract with China's Heilongjiang province and a local insurer, to protect farmers against financial losses caused by natural disasters.

  • EF BRIEFS: Iberdrola, Munich Re, CoPower, Haringey Council Pension Fund, Swiss Re

    25 January 2016

    MEAG, the asset management arm of Munich Re, has bought a 27MW solar farm in the UK from BayWa r.e.