The lull before the storm?

As far as natural catastrophes are concerned, the insurance industry – and the planet – got off lightly in 2006.?But the world's largest insurers warn that worse is to come. Jess McCabe reports

Bubble or no bubble?

Comparing the Nasdaq with an index of clean energy stocks might reassure investors fearing a renewable energy bubble. But irrational exuberance might still undo the unwary, says Michael Liebreich

The public face of private equity

For a section of the financial world that prefers – by definition – to operate as far away from the public gaze as possible, the private equity business has recently been attracting some unwelcome attention.

All-out auctions?

New York's bold proposal to auction all allowances under its proposed carbon trading programme raises crucial questions, says Roman Kramarchuk

Liability and litigation

The stage is set for a soaring environmental insurance market in Europe, but uncertainties remain on the implications of key EU legislation, reports Christopher Cundy

Putting a premium on emissions

The carbon markets are immature, risky and uncertain – and there is a desperate need for insurance solutions. Julian Richardson looks at how insurers are beginning to step up to the challenge

Where the climate change buck stops

If, as is often said, insurance companies are on the front line of climate change, investors might want to know which are most likely to dodge the first bullets. Gregory Larkin identifies the potential survivors

Combating climate change

While the scientific debate about ­climate science may be almost over, the economic arguments have just begun. But tackling the issue need not cost the earth, says Lars Josefsson

Communicating the message

Catherine Boiteux Pelletier has overseen a wholesale examination of sustainable development issues at insurance giant Axa. She's now taking a sector-wide view with UNEP FI. Mark Nicholls reports