The Institute and Faculty of Actuaries (IFoA) has given its support to a cross-party group of MPs calling on the UK government to do more to boost uptake of pensions guidance and advice.
Storms, floods, wildfires and earthquakes destroyed assets worth $280bn (£206bn) last year, which is a third more than the $210bn of losses recorded in 2020, Munich Re has revealed.
The UK government has published its third climate change risk assessment, which highlights eight individual threats posed to the economy by rising temperatures.
The cost of comprehensive car insurance in the UK fell by 6% last year due to intense competition between insurers and fewer journeys taken during lockdowns.
Climate change and environmental threats are dominating the list of long-term risks feared by global leaders, according to the World Economic Forum (WEF).
The last two years have seen death rates in England and Wales rise above the preceding five-year average for the first time since WWII, the Continuous Mortality Investigation (CMI) has found.
