Record global level of fossil fuel pollution overtakes natural drivers of climate change
Record global level of coal, oil and gas pollution is overtaking natural climate drivers like El Niño and…
Increasing exposure to Nat CATs, reflects global trends
New Zealand’s insurers have sounded a growing urgency of reducing risk from natural hazards to protect communities and…
Rising CPI driven by geopolitical volatility to amplify future peak loss costs, warns Swiss Re
As the world navigates significant geopolitical uncertainty and volatility, oil price developments driven by the ongoing conflict in…
Consensus lacking on who pays for higher insurance premiums due to climate change
Australians are divided over who should pay for insurance premiums that are surging as a result of climate…
SCOR and AXA join forces to launch Lloyd’s Consortium for ecological restoration insurance
Two major French (re) insurance groups, SCOR and AXA, have launched a new Lloyd’s of London consortium dedicated…
Global warming likely to reach 2°C before 2050, a level associated with catastrophic impacts
A new report has said that without action, global warming is now likely to reach 2°C before 2050.…
As lightning incidences increase significantly, the amount of related insurance payments also goes up
In Japan, across 11 cities, in the quarter century (1974 – 1998) the days of thunder and lightning…
Industry loss reporting service to include Japan and New Zealand
PERILS AG, the Zurich-based company providing industry-wide catastrophe insurance data will now include Japan and New Zealand in…
Wild weather claims in 2025 surpass all of 2024 in just five months
The number of insurance claims for wild-weather related damage received by NRMA Insurance between January and May this…