Global capital requirement for climate risks is crucial for transition

Japanese regulator recommends framing global warming as "a time bomb" to spur action


European Council calls for biodiversity risk assessment in Solvency II review

Eiopa given two new mandates in Council's plan


Verisk: insurers must focus on inflation during hurricane season

The US data analytics provider said an increase in cost of materials and labour contributed to unusual market pricing in 2021


Sompo's new coal policy still has major loophole, say activists

The Japanese insurer will not support coal-fired power plants and coal mines


UK climate test: some insurers likely to breach solvency ratios, says Fitch

The Climate Biennial Exploratory Scenario results for insurers and banks are due on 24 May


A troublesome transition

Under pressure to stop underwriting fossil fuels, insurers are having to balance the loss of profitable business with developing new products and avoiding reputational risks, as David Walker reports


Scor to end coverage for new oil field projects by 2023

However, climate activists slam Scor's restrictions for failing to cover gas


Insurers behind the curve on climate resiliency

Capgemini says only 8% surveyed insurers on course to achieve climate resiliency