Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
LIU Creates D&O Coverage to Protect Against Global Warming Litigation
Jul 31 2008 // Liberty International Underwriters, a part of Liberty Mutual Group, has created Private Advantage Company Combo policy to provide broad private company management coverage for directors and officers, employment practices...
Research Model Helps Gauge Storms’ Intensity with Climate Change
Jul 9 2008 // A new mathematical model indicates that dust devils, water spouts, tornadoes, hurricanes and cyclones are all born of the same mechanism and will intensify as climate change warms the Earth’s surface. The new...
Sustainability Risks Create Challenges for Actuaries
Jul 8 2008 // Sustainability risks are one of the most critical emerging risk areas of the 21st century and actuaries will need to develop mitigation and financing strategies for handling them. “Sustainability risks are going to...
New ‘Carbon Revolution’ Urged to Slow Global Warming
Jun 26 2008 // The world needs a shift as radical as the Industrial Revolution to cut greenhouse gas emissions by 2050, while safeguarding economic growth, the McKinsey Global Institute said on Thursday. Its study said that a modern...
Swiss Re Signs on to G-8 Climate Change Recommendations
Jun 23 2008 // Swiss Re’s CEO Jacques Aigrain has signed the climate change recommendations of the Group of Eight (G8) leaders. “The document outlines a new, more environmentally effective and economically efficient long-term...
Insurance Companies Face Global Warming Claims
Jun 16 2008 // Corporations Exposed to Liability for Greenhouse Gas Emissions The industry is about to enter an era of global warming insurance claims. Scientists have been warning about the impact global warming could have if greenhouse...
New Round of Climate Talks Opens in Germany with Uphill Battle
Jun 3 2008 // Some 2,000 delegates from 162 countries and dozens of specialist agencies opened a two-week conference Monday to start tackling the details of a new global warming agreement slated to take effect after 2012. The meeting...
Insurance Commissioners, Fireman’s Fund Execs Address Climate Change
Jun 2 2008 // Representatives from the nation’s insurance regulator community adopted a climate change white paper at the National Association of Insurance Commissioners Summer Meeting in San Francisco on Monday, June 2, 2008. The...
Insurance Companies Face Global Warming Claims
Jun 2 2008 // Corporations exposed to liability for greenhouse gas emissions The industry is about to enter an era of global warming insurance claims. Scientists have been warning about the impact global warming could have if greenhouse...
RMS Becomes Partner in Climate Change Initiative
May 22 2008 // Newark, Calif.-based Risk Management Solutions (RMS) has become a partner in the Resilient Coasts Initiative, a collaboration led by Ceres and the Heinz Center. RMS will contribute technical expertise on climate-driven...
Nobel Peace Prize Winners Honor Catastrophe Model Pioneer Clark
May 22 2008 // Karen Clark, who developed the first hurricane catastrophe model, has been recognized by a climate change group that won the 2007 Nobel Peace Prize. Clark, president and chief executive officer of Karen Clark & Co. in...
International First Quarter Earnings Gone With the Credit Crunch
May 19 2008 // Myanmar’s disaster and a 100-year, $800 billion plan to combat climate change The cruelest months for many insurers, reinsurers and brokers, were undoubtedly the end of April and the beginning of May when they...
New Study Calls for Broad Climate Fight, Not Just Gas Emission Cuts
May 8 2008 // An assault on climate change on many fronts makes good economic sense but will be money badly spent if the world focuses exclusively on cutting greenhouse gas emissions, a new study said on Thursday. A 100-year package...
UN IPCC Head Sees Possible Climate Change Deal in 2009
May 5 2008 // The world can reach a significant new climate change pact by the end of 2009 if current talks keep up their momentum, the head of the United Nations climate panel said on Sunday. The United Nations began negotiations on a...
Climate Change Risk Gives Industry An Opportunity to Be Part of the Solution
Apr 21 2008 // Global warming, the consequence of which is referred to as climate change, is the heating of the earth’s surface temperature caused by man-made activity linked to release of greenhouse gases (GHGs). The burning of...
Analysts See Increase in P/C Mergers Ahead; Rate Climate Change Top Issue
Apr 14 2008 // Insurance equity analysts expect a significant increase in property/ casualty mergers and acquisitions this year, according to findings of a global survey by Accenture. More than two-thirds (71 percent) of all P/C analysts...
Lloyd’s Finds 25 New Risks for Industry to Worry About
Apr 10 2008 // As if the insurance industry didn’t already have a heaping plate full of risks, Lloyd’s has summarized the results of a scientific conference and added 25 more. An article on its web site (www.lloyds.com)...
Climate Change Heats Up Insurance Industry
Apr 7 2008 // Greenhouse gases (GHGs) have gotten a bad rap, according to Mark C. Bove, senior research meteorologist, catastrophic risk management for Munich Reinsurance America. Speaking on a panel about climate change at the...
U.N. Climate Talks to Test U.S. Shifts
Mar 28 2008 // Up to 190 nations will start work on a new U.N. climate treaty in Bangkok on Monday, in a test of how far the world has progressed after years of deadlock highlighted by a U.S. outburst about a duck in 2005. “If it...
Climate Change Under World Spotlight
Mar 24 2008 // Swiss Re’s latest sigma study on natural catastrophes and man-made disasters in 2007 concludes that they killed over 20,000 people and cost the insurance industry $70 billion, $28 billion related to property claims....
