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Natural disasters cause $68bn of losses in H1
18 August 2016A 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.
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Swiss Re unveils novel disaster insurance product for Chinese farmers
03 August 2016Swiss 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.
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EF BRIEFS: Iberdrola, Munich Re, CoPower, Haringey Council Pension Fund, Swiss Re
25 January 2016MEAG, the asset management arm of Munich Re, has bought a 27MW solar farm in the UK from BayWa r.e.
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Politicians, business leaders propose 10-point action plan on global warming
24 November 2015A group of senior politicians and business leaders has called for action in ten key areas which, it believes, offer opportunities for "economically beneficial" action on climate change.
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Uninsured losses from natural disasters could reach $153bn annually, says Swiss Re
14 September 2015Annual global uninsured losses caused by natural disasters could increase to $153 billion, according to Zurich-based reinsurance giant Swiss Re.
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Natural catastrophes cause $33bn of losses in H1, says SwissRe
12 August 2015Natural catastrophes caused total economic losses of $33 billion in the first-half of 2015, although this was well below the $54 billion in the same period the previous year, according to Swiss Re's preliminary estimates.
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Natural disasters are major emerging risk, warns Swiss Re
21 May 2015Large natural disasters are among the top four 'high impact' emerging risks identified by Swiss Re, the global reinsurance company, in a recent report.
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Results: Environmental Finance's 8th Annual Deals of the Year Awards
01 April 2015Environmental Finance has revealed the winners of its 8th Annual Deals of the Year Awards.
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Insurers face mounting risks in coastal cities, says industry chief
04 November 2014The combination of climate change and rapid urbanisation may create new reputational risks for insurance companies by triggering "persistent price increases" and capacity shortages, warned John Coomber, CEO of the UK's Pension Insurance Corporation.
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Dealing with the changing climate
22 October 2014Weather risk management is becoming increasingly entrenched within Europe's energy sector. But shifting regulatory winds promise to change its complexion. Mark Nicholls reports