Rowan Douglas News

Typhoon That Hit China’s Ports Provides Wakeup Call for Climate Risk to Markets

As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels for days. The storm, supercharged by the warm July waters of the Pacific, delivered Beijing’s worst flooding in more than 50 years, …

Markets/Coverages: Howden Launches Climate Parametrics Practice to Help Clients Derisk Net-Zero Climate Transition

Howden, the London-based insurance group, announced the creation of Howden Climate Parametrics, a global practice that brings together re/insurance, climate, and data expertise to focus parametric risk transfer solutions on meeting the escalating demand for climate derisking capabilities across industries, …

Howden Appoints WTW’s Douglas as CEO, Climate Risk and Resilience

Howden, the London-based insurance group, announced the appointment of Rowan Douglas as CEO, Climate Risk & Resilience, effective June 26. Douglas’ role is to continue to build an expert, full spectrum function to support the group worldwide, embedding climate and …

Climate Change Poses Much Greater Existential Risk for the World Than COVID-19

Similar to the COVID-19 pandemic, climate change ultimately will be managed by “bending the curve” of temperature rises and greenhouse gas emissions, according to Rowan Douglas, Head of Climate and Resilience Hub at Willis Towers Watson. But that’s where the …

Willis Towers Watson’s Climate & Resilience Hub Taps Scott from BofE as Senior Director

Willis Towers Watson announced the appointment of Matt Scott as a senior director in its Climate and Resilience Hub. Scott played an integral role in the Bank of England’s climate team under Governor Mark Carney from 2014 and led delivery …

AXA’s Duverne Named Chairman of Insurance Development Forum, Replacing Catlin

The Insurance Development Forum (IDF) announced the appointment of Denis Duverne as chair of its Steering Committee, succeeding Stephen Catlin, effective Sept. 11, 2018. The IDF is a public-private partnership, led by a senior insurance industry executive and supported by …

Insurance Protection Gap Is Growing Global Problem; Swiss Re, RenRe & WTW Comment

The insurance protection gap. It’s a phrase that will be increasingly heard over the coming years – because it is getting bigger. The protection gap is the difference between insured losses and total economic losses. The protection gap, or those …

Re/Insurance CEOs Join Insurance Development Forum, UN & World Bank Initiative

A group of re/insurance and global broking CEOs are assisting the work of the Insurance Development Forum (IDF), which was launched last month to help build resilience to climate risk and natural disasters, while bridging the insurance protection gap for …

Douglas at Willis Towers Watson Receives High U.K. Honor

Willis Towers Watson announced that Rowan Douglas, head of Willis Towers Watson’s Capital Science & Policy Practice, has been made a CBE in the United Kingdom’s New Year Honours List for services to the economy through risk, insurance and sustainable …

Willis Lauds UN’s Support for ‘1-in-100’ Natural Disaster Risk Initiative

Willis Group announced that the “1-in-100” disaster resilience initiative, of which it has been a key architect, has received support from the United Nations. The “1-in-100” is a drive by public and private sector organizations worldwide to integrate natural disaster …