News

• Climate and Sustainability Roundup: Insurers confront climbing natcat losses

  14 May 2025

  InsuranceERM highlights climate and sustainability news from the last month

  

• Spain's CCS pays €2.8bn compensation so far from Valencia's floods

  14 May 2025

  October's extreme weather system will be the CCS's costliest catastrophe

• State Farm gets 17% home policy rate hike in California, but must receive $400m capital backing

  14 May 2025

  Consumer Watchdog called Ricardo Lara's rate decision "a great disappointment for consumers"

• NGFS releases first vintage of short-term climate scenarios

  13 May 2025

  Dataset provides financial metrics that can be used for climate risk assessments

• Munich Re's Q1 net result halved amid LA wildfire claims

  13 May 2025

  Reinsurer does not plan to change its DEI initiatives

• BoE flags climate risk as mounting concern for monetary policy and insurance

  13 May 2025

  Insurers under pressure as climate shocks intensify and regulators tighten expectations

• Chinese regulator promises insurance support for exporters amid trade war

  13 May 2025

  NFRA is also pushing cover for local sci-tech firms

• Hannover Re books €631m bill from Californian wildfires

  13 May 2025

  German group overstepped its €435m quarterly large loss budget by €330m

• IAIS moving on from ICPs to implementation

  12 May 2025

  Climate, nat cat protection gap remain priorities, says IAIS's Hanne van Voorden

• Eiopa develops fresh strategy for shifting geopolitical landscape

  12 May 2025

  Minutes from the board of supervisors meeting reveal work on climate and natcat risks