All the headlines from our Climate Change Topic Page, ordered by recency.
Sep 23 2019 // There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, cautions...
Sep 20 2019 // By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer...
Sep 16 2019 // Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a recent...
Sep 12 2019 // Global temperature change, global trade collapse and cyber warfare are the top three “extreme risks” identified in a study from Willis Towers Watson.The new paper out this month is part of the firm’s...
Sep 10 2019 // Extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted reinsurers out of a soft reinsurance market, according to a report from reinsurance...
Sep 6 2019 // Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report...
Aug 26 2019 // A record number of fires ravaging the Amazon has drawn international outrage because of the rainforest’s importance to the global environment and prompted Brazilian President Jair Bolsonaro to dispatch the military...
Aug 22 2019 // Think retreat is never an option? Think again.“Faced with global warming, rising sea levels, and the climate-related extremes they intensify, the question is no longer whether some communities will retreat—moving...
Aug 12 2019 // Germany’s forests – long a source of pride and national identity – are feeling the heat.A second consecutive year of unusually dry and warm weather has left swaths of dead and dying trees, fueling fears that the...
Aug 6 2019 // Heat scorched Western Europe this July in what will likely be confirmed as the hottest month in recorded history, according to the UN’s World Meteorological Organization.“This is not your grandfather’s...
Aug 2 2019 // As many as nine states could see heat indexes above 100 degrees for more than a quarter of the year by 2036, according to a new report.The impact of climate change will push the number of days with heat indexes above 100...
Aug 2 2019 // The Bank of England for the first time is asking British insurers to gauge how global warming might impact the value of the stocks and bonds they hold — and its potential to upend financial markets.The central bank,...
Aug 1 2019 // Washington had a record 1,850 responses to wildfires on Department of Natural Resources lands last year.Over the last five years, wildfires have continued to hit the state hard. One state official, who believes climate...
Jul 31 2019 // The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in how markets price risks related to climate change. Up until now, these risks largely...
Jul 26 2019 // Europe’s latest summer heatwave broke heat records just weeks after the continent had its hottest ever June, fueling concern that a shifting climate is triggering more extreme weather.Germany probably set a new...
Jul 18 2019 // Hot, dry weather in California has resulted in a dramatic increase in wildfires. It will get worse – and you can blame climate change, according to a new report out.The report, Observed impacts of anthropogenic climate...
Jul 11 2019 // Electricite de France SA is preparing its nuclear power facilities to operate in more severe heatwaves in the coming decades as a changing climate may interfere with key electrical equipment.The utility, which produces...
Jul 2 2019 // British public companies and pension funds may have to publish by 2022 what risks their businesses face from climate change under a new so-called green finance strategy.Britain last week became the first G7 country to sign...
Jul 1 2019 // Zurich Insurance Group announced it is accelerating actions to progress towards a low-carbon economy “amid an increasing climate crisis.” Its actions range from committing to UN targets for global temperature...
Jul 1 2019 // Global insurer Chubb announced it will no longer underwrite the construction and operation of new coal-fired plants or new risks for companies that generate more than 30% of their revenues from coal mining or energy...