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Net-zero emissions by 2050 to cost $9trn each year

Net-zero emissions by 2050 to cost $9trn each year

Capital spending on physical assets for energy and land-use systems will have to increase by 60% to around $9trn (£5.7trn) every year to deliver net-zero emissions across the global economy by 2050.
Investment
Environment
Wednesday 26th January 2022
Open-access content
Insurers urged to end support for Brazil's 'ruthless' oil and gas exploration

Insurers urged to end support for Brazil's 'ruthless' oil and gas exploration

Three insurance companies have been accused of insuring the majority of Brazil’s offshore oil and gas drilling, despite their public commitments to help tackle climate change.
Global
Environment
Tuesday 25th January 2022
Open-access content
TPR launches consultation on new CDC pension code of practice

TPR launches consultation on new CDC pension code of practice

The Pensions Regulator (TPR) has today launched a consultation on a new code of practice for the authorisation and supervision of collective defined contribution (CDC) pension schemes in the UK.
Pensions
Regulation Standards
Tuesday 25th January 2022
Open-access content
IFoA supports boost to pension guidance

IFoA supports boost to pension guidance

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.
Pensions
Wednesday 19th January 2022
Open-access content
Economic losses from natural disasters rise by one-third

Economic losses from natural disasters rise by one-third

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.
Global
Reinsurance
Environment
Wednesday 19th January 2022
Open-access content
Blockchain to generate $10bn in savings for insurers by 2024

Blockchain to generate $10bn in savings for insurers by 2024

Blockchain-based insurance is set to transform claims administration, saving $10bn (£7.33bn) in costs globally by 2024, up from $1.1bn last year.
Global
Technology
Wednesday 19th January 2022
Open-access content
UK's third climate change risk assessment published

UK's third climate change risk assessment published

The UK government has published its third climate change risk assessment, which highlights eight individual threats posed to the economy by rising temperatures.
Environment
Wednesday 19th January 2022
Open-access content
UK car insurance premiums fall by 6%

UK car insurance premiums fall by 6%

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.
General Insurance
Wednesday 19th January 2022
Open-access content
UK suffers record period of 'excess' mortality

UK suffers record period of 'excess' mortality

UK mortality has been above 2019 levels for 22 consecutive weeks, which is the longest continuous period of 'excess' deaths recorded in the country since the start of the COVID-19 pandemic.
Health care
Wednesday 15th December 2021
Open-access content
Motor insurers' costs spike during pandemic

Motor insurers' costs spike during pandemic

Motor insurers' costs spike during pandemic
General Insurance
Wednesday 15th December 2021
Open-access content

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