Chris Cundy

Don't treat climate change as 'just a long-term risk', insurers told

Insurers have made good progress on identifying and managing climate risk in their own balance sheets, but they need to do more to support customers and society make the transition to net-zero emissions, according to ClimateWise.

Regulators consider capital for climate risk

Insurance regulators are keen to ensure their prudential frameworks properly incorporate climate risk. But whether this should be reflected in capital requirements is proving a difficult question to answer, as Christopher Cundy reports

NZIA launches methodology for insurers to hit net-zero goals

The Net-Zero Insurance Alliance (NZIA) has launched a public consultation on how its member firms will reach their goal of achieving net-zero greenhouse gas (GHG)...

Catastrophe risk capacity must double under "no further action" climate scenario

Bank of England staff investigation reveals some insurers' business models under threat

We have an open mind on capital for climate risk, says UK regulator

Sam Woods introduces Bank of England's conference on the topic

Munich Re to refuse coverage for new oil and gas fields

Munich Re is to stop insuring and investing in projects for new oil and gas fields, midstream oil infrastructure and oil-fired power plants, in a bid to meet Paris Agreement climate targets.

ESG in Fixed Income Americas: It's time for bond investors to engage on SBTs for nature

Bond investors should engage with sovereign and corporate issuers on nature-related targets, according to Elizabeth Aceituno, sustainable finance specialist at WWF, the environmental NGO.

Eiopa elaborates on how insurers can consider climate change in Orsas

The European Insurance and Occupational Pensions Authority (Eiopa) has published additional guidance on how insurers can assess climate change risks in their own risk and solvency assessments (Orsas).

UK consults on requirements for actuaries to consider climate change

M&G faces shareholder backlash on its climate transition plan

One-fifth of shareholders reject net-zero emissions commitments