Climate Change News

Eight P&C Insurers Get Top Marks for Climate Change Risk Management

Munich Re and ACE Ltd. are among insurers that are best prepared to manage risks related to climate change, a lobbying group said. The nine insurers that were found to be integrating climate change into underwriting and investments also included …

States’ Efforts on Climate Change Adaptation: Half Full or Half Empty?

Who hates that glass-half-full analogy? I’m guessing more than half of you, but let’s not let that stand in the way of using the clichéd-to-death philosophical quandary to illustrate a point being made by a new online tool that shows …

PwC: Climate Change Is Risk and Business Opportunity

Competition and regulation push companies to take action to protect themselves from the effects of climate change, not climate science, Jon Williams, partner at global consultancy firm PwC told the Reuters Global Climate Change Summit. Williams, who leads the finance …

Attribution Science, Extreme Weather and Why They Matter

There is a love-hate relationship with the word “new.” It’s used far too often, but without it as a preface some of us don’t bother to pay attention to what’s coming next. A “new task” scientists have grappled with in …

New Study Says Ditch U.N. Temperature Target for Global Warming

A temperature goal set by almost 200 governments as the limit for global warming is a poor guide to the planet’s health and should be ditched, a study published in the journal Nature said on Wednesday. The world’s environment ministers …

Interview: D&O Cyber Liability, Cyber Risks Top Lawyers’ Agenda

Jeff Kingsley, a partner with the law firm of Goldberg and Segalla, specializes in technology risks, notably cyber liability and cyber risk, an emerging sector with many variables and pit falls for the unwary, which he explained in an interview …

Experts: New Normal Creating Need for More Predictive Modeling

A “new normal” has created the need for the catastrophe modeling to move from historic to predictive methods of looking at extreme weather risk, according to a panel of risk experts speaking Tuesday at the annual Chartered Property Casualty Underwriter …

NYC Council Announces Climate-Change Legislation

New York’s City Council proposed a package of bills last Friday, Sept. 19, to slash greenhouse gas emissions, shrink the carbon footprint of city operations and reduce the number of cars on the road. The legislation, which builds on environmental …

Companies to Pledge Action on Climate Change at UN Summit

While U.S. President Barack Obama and more than 100 other world leaders will meet in a summit devoted to climate change, the most tangible action on global warming this week may come from companies. Mars Inc. and others will announce …

Insurers Bonding with Climate Change Battle

Nearly one-in-five major investors in green bonds issued by one of the world’s largest players in that market is coming from the insurance industry. If you haven’t heard much about green bonds and insurance investments up to now, you probably …