RMS estimates up to $3.5bn insured cost from Sally

Hurricane Sally came with stronger winds than expected, weakened quickly but was slow-moving, says RMS


Munich Re issues €1.25bn green bond

Follows publication of green bond framework last week


Sompo's restrictions on coal come with loopholes, say activists

Japanese insurer reduces exposure to coal on both sides of the balance sheet


Hurricane Sally insured losses could hit $3bn

Latest estimates from AIR Worldwide and Karen Clark & Company


Reinsurers urged to consider carbon tax on underwriting

Swiss Re's approach to lower operational emissions is well-rounded but not enough, says Peter Bosshard


AM Best warns of severe NFIP losses from Sally

The rating agency warned the US Federal flood insurance backstop and private insurers with large flood exposures of large losses


Insurers "distressingly absent" in push for US climate legislation

Senator Sheldon Whitehouse says industry understands risks from climate change, but won't drive Congress


Linda Lacewell: New York's no-nonsense reformer

Change... it's overdue. The head of the NYDFS, Linda Lacewell, believes there is a transformative energy in the air and it must not be wasted. She speaks to Sarfraz Thind


US wildfires to cost insurers up to $8bn, Moody's estimates

Western state blazes have claimed 34 lives and destroyed almost 10,000 homes


Tropical storm Sally pours down on US Gulf Coast

Sally weakened from a hurricane to a tropical depression shortly after making landfall