Cyclone Mocha Is One of Strongest Storms Recorded in North Indian Ocean May 16, 2023 By Brian K. Sullivan The remnants of Tropical Cyclone Mocha have moved further inland over Myanmar after coming ashore Sunday with winds of 155...
Here Are 5 Products Offered by Financial Services Providers to De-Risk Heat Waves May 3, 2023 By Aaron Clark and Taiga Uranaka Climate change-driven heat waves are impacting everything from nuclear reactors in France to glaciers in Pakistan. As millions of people...
Extreme Weather Is Nearly Universal Experience: Poll April 28, 2023 By Hannah Fingerhut An overwhelming majority of people in the U.S. say they have recently experienced an extreme weather event, a new poll...
Record Heat and Drought Force Europe to Accelerate Climate Adaptation April 21, 2023 By Jonathan Tirone The record heat and drought hurting European farmers, power utilities and insurers foreshadows even faster change to the continent’s climate,...
Zurich Exits Insurance Climate Alliance, Days After Munich Re April 6, 2023 By Alastair Marsh Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second...
Companies That Form Global Climate Alliances Need Antitrust Guidance: Experts April 5, 2023 Global companies that form alliances to help them to tackle climate change need clear “safe harbor” guidelines from governments to...
Munich Re Exits Insurance Climate Group, Citing ‘Material’ Legal Risks April 3, 2023 By Laura Malsch and Alastair Marsh Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says...
UK’s Poor Climate Planning Risks ‘Cascading Failures’: Report March 29, 2023 By Olivia Rudgard Britain is “strikingly unprepared” for a changing climate and could face disruptions to energy, food supply, transport and communications infrastructure...
Climate Change to Cost Germany Up to €900B by 2050: Study March 7, 2023 Extreme weather caused by climate change could cost Germany up to 900 billion euros [$957.2 billion] in cumulative economic damage...
Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year January 26, 2023 Economic losses from natural disasters in 2022 were estimated at $313 billion, with an insurance price tag of approximately $132...