Changing climates: the heat is (still) on
The world is getting warmer and natural hazards are becoming more intense, likely bringing higher economic losses in the future. Today, four major weather perils result in expected economic losses of USD
Insurance
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Insuring agriculture in times of climate change
Scientific evidence has established that climate change is accelerating the frequency and intensity of extreme weather events like droughts, floods, unseasonal rainfall and extreme temperatures. Evidence
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Australian farmers left high and dry after report rejects drought insurance
An Australian government commissioned report on Tuesday rejected drought insurance for farmers as uneconomical, dashing landowner hopes of a change in government policy which could help boost output to
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How to measure whether index insurance provides reliable protection
Agricultural index insurance offers the promise of an affordable and sustainable insurance product for farmers that can help reduce their vulnerability to aggregate agricultural shocks such as large-scale
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Natural disasters cause fewer deaths, more financial damage-Munich Re
The death toll from natural disasters such as earthquakes, storms and forest fires dropped sharply worldwide in the first six months of 2016 but the bill has risen, the world's largest reinsurance company
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Pollution check centres to sell motor third party policies
Motor third party policies may soon be available at pollution check centres and other agencies following insurance regulator IRDAI approval to the proposal of relaxing norms. Insurance Regulatory and
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Insurers’ pledge to help developing countries on climate change
When powerful earthquakes rocked New Zealand and Haiti in 2010, each measuring 7.0 magnitude, very different dramas unfolded: New Zealand, though hit hard, was able to start recovering relatively quickly;
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Floods In Canada Cost Government, Homeowners Big Time: Report
CALGARY — A new report says Canada is the only G7 nation that leaves unprepared homeowners on the hook financially for losses from severe flooding. The study, released by Swiss Re Canada, said floods
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Business case for the Bangladeshi private sector to invest in climate change and access international climate finance
This paper is aimed at members of the Bangladeshi private sector, developed based on consultation with in-country stakeholders. It outlines the case for action on climate change by the private sector,
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There goes the neighbourhood: climate change, Australian housing and the financial sector
This report looks at the risk that is often unrecognised and under-explained to people who own or are buying or building property along Australia's coasts (flooding, storm surge, coastal inundation, erosion
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Weathering a risky climate: the role of insurance in reducing vulnerability to extreme weather
The people on the frontlines of the climate crisis are the world’s poorest and most vulnerable communities. Insurance can play an important role in protecting families from falling into poverty after extreme