Insurance

Insurers can be 'catalysts' in tackling climate and nature crises, a new report argues.

Severe thunderstorms account for up to 70 percent of $50 billion in natural catastrophe losses in the first half of 2023, Swiss Re Institute estimates.

Homeowners’ insurance is the latest climate casualty. Could business coverage be next?

The climate crisis stands to roil the insurance industry along with its customers, including renewables and other climate tech entrepreneurs and developers.

Knowledge is power when it comes to protecting our health and well-being.

In order to realize full climate gains, changes to both insurance and reinsurance coverage must be made.

Climate change is causing an insurance crisis in Australia. The Climate Council of Australia found that river flooding poses the biggest risk to homes. Image via Shutterstock.

Innovation in the form of parametric risk transfer is helping the public and private sector in the face of an evolving climate. 

The policy also sunsets insurance on Arctic and Antarctic exploration, coalbed methane, extra-heavy oil and tar sand projects.

Munich Re becomes the sixth large reinsurer to rule out underwriting the proposed East African Crude Oil Pipeline.