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Environment

Climate change guidance published for actuaries

Climate change guidance published for actuaries

The Joint Forum on Actuarial Regulation (JFAR) has this week published an extensive report on the science of climate change and how actuaries can help mitigate risks.
Wednesday 29th June 2022
Open-access content
Flooding and droughts forecast to cost cities $194bn annually

Flooding and droughts forecast to cost cities $194bn annually

Climate-related flooding and droughts are likely to impact millions more people and cost the world’s major cities $194bn (£158bn) annually by 2050, new research suggests.
Wednesday 22nd June 2022
Open-access content
Consultation launched on net-zero framework for finance sector

Consultation launched on net-zero framework for finance sector

The Glasgow Financial Alliance for Net Zero (GFANZ) has today launched a consultation on a new common framework for financial institutions to demonstrate the integrity of their climate plans.
Wednesday 15th June 2022
Open-access content
Utilities struggling to insure new coal power, report claims

Utilities struggling to insure new coal power, report claims

New coal power capacity is becoming increasingly difficult to insure outside of China, with utilities now turning to inexperienced companies for coverage.
Wednesday 8th June 2022
Open-access content

United front: responding to large loss events

Darshan Purmessur shares how public and private sector stakeholders came together following the 2020 Mauritian oil spill, and what it can teach us about responding to large loss events
Wednesday 1st June 2022
Open-access content
ees

Reversing the decline: understanding nature-related risks

Oliver Schelske places nature-related risks within an actuarial context, and explains why it is so important for insurers to understand such risks
Wednesday 1st June 2022
Open-access content
hrts

Storm watch: Can IPCC models be used in cat modelling?

Can IPCC projections be used to adjust catastrophe models for climate change? Nigel Winspear and David Maneval investigate, using US hurricanes as an example
Wednesday 1st June 2022
Open-access content
Three-quarters of pension schemes to devise net-zero plans

Three-quarters of pension schemes to devise net-zero plans

Three in four UK pension schemes have plans to align their investments with net-zero emissions, or will do within the next two years, a Pensions and Lifetime Savings Association (PLSA) survey has found.
Wednesday 25th May 2022
Open-access content
Food and beverage sector uninsured for environmental risks

Food and beverage sector uninsured for environmental risks

Almost three-quarters of food and beverage companies worldwide have no specific insurance for environmental risks, a survey by Willis Towers Watson (WTW) has found.
Wednesday 25th May 2022
Open-access content
Investors urged to remain wary of oil giants' climate targets

Investors urged to remain wary of oil giants' climate targets

Oil and gas majors are relying heavily on emissions mitigation technologies (EMTs) to meet climate targets, which are expensive and unproven at scale, investors have been warned.
Wednesday 18th May 2022
Open-access content

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