ClimateWise News

Insurer Group Warns on Property Losses Due to Climate Change

Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil. Those were the conclusions a group run out of the University of Cambridge including some of the world’s biggest …

Aon Benfield’s Christian Named Chair of ClimateWise, Raising Climate Risk Resilience

Dominic Christian, executive chairman of Aon Benfield International, has been appointed chair of ClimateWise, an organization that aims to help the insurance industry respond to the risks and opportunities of the climate-risk protection gap – the growing divide between total …

Growing Climate Risks May Be ‘Impossible to Model’ – and Ultimately Uninsurable

After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get its act together if it wants to survive climate change. Insuring against weather natural disasters could reach unaffordable levels for …

Insurance Industry Is Leader on Climate Change, Report Says

The insurance industry is being called out by an international research institution for its progressive attitude on climate change. A white paper put out by the nonprofit Urban Land Institute this week urges the real estate sector and government planners …

Ex- Swiss Re CEO Coomber Named as New ClimateWise Chairman

ClimateWise, the global insurance industry’s leadership group on climate change, announced that John R. Coomber, Swiss Re’s former CEO and now a member of the Board of Directors, will become the new Chairman of ClimateWise. The organization focuses on reducing …