Total capital dedicated to reinsurance grew by 7% to reach $658bn (£490bn) last year worldwide, while there were also signs of an underlying improvement to the industry's combined ratio.
Credible net-zero emission commitments from the world's largest companies in the highest-emitting sectors have more than doubled over the last year, the £18trn-backed Transition Pathway Initiative (TPI) has found.
Global insured losses from wildfires, flooding and other natural disasters increased by 50% last year amid ongoing climate change and urbanisation, Swiss Re has revealed.
US senators have written a letter to major insurance companies asking them to explain how their fossil fuel underwriting and investment policies align with their sustainability commitments.
A record level of organisations worldwide are now carrying out a long-term risk analysis following the outbreak of COVID-19, new research by the Business Continuity Institute (BCI) has found.
Almost half of the world's most influential companies do not expect to see a return to ‘normal’ business until sometime in 2022, as opposed to nearly a third who think it will happen later this year.
None of the world's largest greenhouse gas-emitting companies have fully disclosed how they will achieve net-zero emissions by 2050 or sooner, investors have warned.
The US is the number one market that CEOs are looking to for growth over the next year, while the UK has surpassed India to become the fourth most attractive country.
The Institute and Faculty of Actuaries (IFoA) has secured a major sponsorship agreement with Dr Patrick Sun Cheong Poon to support its newly-conceived thought leadership Programme.
