Leading insurers globally are lagging in addressing climate, biodiversity and social risks despite growing threats from global warming, according to a new report by responsible investment NGO ShareAction, supported by WWF. The fourth edition of the Insuring Disaster benchmark assessed 40 of the world's largest property and casualty insurers and found that most received poor grades for their climate-related policies. Allianz and Achmea were the only insurers to receive a B rating.
Densely populated cities could face growing risks from changing global climate patterns, with Tokyo's Ueno Park facing mounting threats from rising temperatures, extreme rainfall and shifting weather conditions, according to a new physical climate risk assessment by HDI Risk Consulting (HRC), a subsidiary of insurer HDI Global.
The Australian Reinsurance Pool Corporation (ARPC) has appointed Mr Cameron Hick as its next Chief Underwriting Officer.
Investing just 2% of capital expenditure (CapEx) in climate resilience measures across India's planned renewable energy projects could reduce potential climate-related losses by nearly half, from $55bn to $27bn, according to a report by Zurich Kotak General Insurance and Zurich Resilience Solutions.
Model management took centre stage on the opening day of the 22nd Asia Nat CAT and Climate Change Conference in Makati City, as industry experts discussed how risk models can remain effective in an increasingly complex environment shaped by climate change and cyber threats.
In May 2026, successive low-pressure systems brought destructive flooding, landslides and damaging winds to large parts of South Africa, and caused fatalities, widespread damage to buildings and major infrastructure disruption across long stretches of coastline and interior provinces.
In May 2026, southern and central China experienced exceptionally heavy rainfall, which triggered widespread flooding, and caused multiple fatalities and displacement of tens of thousands of people. Several provinces also grappled with significant disruption to infrastructure, agriculture and supply chains.
Moody's has in a new analysis stated that the global economic impact of physical risk may reach as much as $41.4tnn in less than two decades, amid rising sea levels and more frequent and severe natural disasters, with much of the damage not being covered by insurance policies.
The Cambridge Institute for Sustainability Leadership (CISL) has launched the ClimateWise Insurability Matrix, a first of its kind early warning and engagement tool to help insurers better assess and communicate the insurability of locations and projects to financiers, corporates and policymakers.
Insurance companies and other entities regulated by the Insurance Commission (IC) have been ordered to expedite the settlement of claims in areas declared under a state of calamity following the magnitude 7.8 earthquake that struck Mindanao.