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ID Comment: Stormy weather ahead?

Insurance Day looks at what has been a lively 2021 Atlantic hurricane season

North America Hurricane Season

Ki secures $130m in sustainability-linked funding

Barclays-led facility is linked to the ESG rating of the Ki Funds at Lloyd’s investment portfolios

Lloyds Brit

New York issues guidance for insurers on climate change

State regulator sets out expectations on how insurers should incorporate climate risk into their overall risk management

North America Regulation

'Industry must keep up to speed with green innovation and climate risks'

Insurance has an important role to play – collaboration and information-sharing will be vital

Swiss Re Climate change

Hurricanes hitting northern US more often

Chaucer study shows northern trend and greater ferocity

United States Chaucer

Climate change expected to drive atmospheric rivers

Study shows more moisture now present in events

International Climate change

Pressure builds on insurance industry to improve ESG underwriting

But the opportunities for brokers in providing consulting and carriers in providing new products outweigh the risks, market leaders say

Climate change London

Insurers must become climate activists to make a difference

Rather than use their underwriting capacity to support the development of beachfront areas, insurers must assume responsibility for protecting vulnerable land areas

International Risk Management

Allianz’s Bäte: Portfolio reunderwriting critical amid elevated nat cat losses

Warning comes amid increase in climate change-induced catastrophes generating further losses for the industry

International Climate change

Axa XL launches disaster recovery hub

Partnership with Cambridge Centre for Risk Studies aimed a helping communities get back on their feet

International Axa

New York insurance regulator issues climate change guidance

Insurers must take a strategic approach to managing climate risks, according to new guidance

United States Regulation
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