disaster resilience News

Rooke Appointed Director of Climate Transition Risk at Willis Towers Watson

Willis Towers Watson, the global advisory, broking and solutions company, announced the appointment of Tony Rooke as director of Climate Transition Risk in the organization’s Climate and Resilience Hub (CRH). With many government’s announcing net-zero carbon targets to align with …

Insurance Development Forum Launches Insurance Program for Peruvian Schools

The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, announced the launch of an insurance program for Peru’s public schools. The program is the result of a grant agreement between Germany’s …

WTW Taps Nat Re’s Hidalgo as Head of Capital Science and Policy in Southeast Asia

Willis Towers Watson announced the appointment of Augusto Hidalgo as head of Capital, Science and Policy (CSP) in Southeast Asia. Based in Manila, Philippines, Hidalgo brings a wealth of knowledge, experience and expertise in developing public-private partnership solutions to climate …

New Washington Law Requires Plan for Statewide Disaster Resilience

Washington Insurance Commissioner Mike Kreidler’s proposal to prepare for and mitigate the effects of climate disasters was signed into law this week by Gov. Jay Inslee. Senate Bill 5106 passed through state Legislature without opposing votes. The law takes effect …

Washington Commissioner’s Request for Disaster Resilience Plan Passes Senate

Washington Insurance Commissioner Mike Kreidler’s proposal to prepare for and mitigate the effects of climate disasters passed the state Senate this week on a unanimous vote. Senate Bill 5106 would create a work group composed of legislators, state agencies, insurance …

Zurich’s Flood Resilience Alliance Extended to Generate Additional Funding of $1B

Zurich Insurance Group announced that after five successful years its flood resilience alliance will be extended until 2023. In the last five years, a multi-sector alliance comprising the non-governmental organization (NGO) sector, academia and Zurich’s risk management experts has focused …

WTW’s New Global Ecosystem Resilience Facility Provides Finance, Risk Mgmt Solutions

Willis Towers Watson, the London-based advisory, broking and solutions company, has developed the Global Ecosystem Resilience Facility (GERF), which it describes as the first global insurance facility to provide finance and risk management solutions to build the resilience of ecosystems …

FM Global Includes Top 3 Business Risks in Global Resilience Index

FM Global has expanded its Global Resilience Index to include insights around three of the top risks facing businesses: cyber attack, natural hazards and supply chain failure. The interactive, online index ranks 130 countries and territories by their enterprise resilience …

Willis to Help Mobilize Global ‘Resilience Modelling & Mapping Forum’ for Nat Cat

Willis Group Holdings is providing $1 million to help mobilize a global “Resilience Modelling and Mapping Forum” to address natural catastrophe risk, according to Dominic Casserley, CEO. The Resilience Modelling and Mapping Forum is a collaboration between the global re/insurance …

Boston Mayor: City Made Significant Strides in Preparing for Climate Change

Boston has made significant strides in preparing for major natural disasters, rising sea levels and other impacts to the ever-changing climate, Mayor Martin Walsh said on the two-year anniversary of Superstorm Sandy. Speaking at the Architecture Boston Expo at the …