David Walker

Guy Carpenter warns of "growing protection gap" in flood-risk areas of US

Riverine flooding in Texas last week "underscores the growing protection gap in areas where flood risk is high, but perceived risk and insurance uptake remains low," according to a briefing note from Guy Carpenter yesterday.

Guy Carpenter launches new investment structure for climate change insurance

Guy Carpenter and an academic from Queen Mary University of London have outlined a re/insurance structure, partly backed by private investors, "to facilitate improved financial resilience and loss prevention for climate change-related weather risks".

Aviva Capital Partners to inject £20m into low-carbon modular housebuilder

Aviva's Capital Partners (ACP) is to invest £20 million ($24.9 million) into the equity of TopHat, a manufacturer of modular, low-carbon homes, to finance a new factory employing 1,000 workers.

Low-carbon benchmarks risk pulling assets from EMs, warns Prudential

Some climate indexes risk unintentionally "pulling funding away from countries that need it the most" to transform their still-developing economies, a major Asian insurer has warned.

Versicherungskammer joins NZAOA

Insurers need more "non-standard" data on climate change, BoE warns

Insurers will need "a lot of non-standard information" about their supply chains and customers to assess how climate change could hit their businesses...

Global capital requirement for climate risks is crucial for transition

Japanese regulator recommends framing global warming as "a time bomb" to spur action

ESG industry 'has become a bit lazy'

Providing environmental, social and governance (ESG) data and investment products is "a contact sport, not an exercise one can do from a desk," according to a sustainable finance expert,...

Coal business resorts to "haphazard coalition" of insurers as giants retract

Financiers and governments at risk if they accept inexperienced underwriters, says Insure Our Future

Australia risking 'pariah status' among investors by insuring coal

Australia's government risks "investment pariah" status if it backs a mutual insurer for coal miners, says the founder of a fixed income think-tank.