Earth is in 'the danger zone' as the planet's climate is beyond the harmful levels for humans, though not quite past the safety guideline for the planet as a system according to a new study by Swedish group Earth Commission.
Investors have developed strategies around climate-related risks, policies and disclosures, but haven't put the same level of focus on biodiversity and nature-related risks according to Aon's The One Brief weblog.
As climate-related natural catastrophes make parts of the world uninsurable, insurers are also facing twin pressures from regulators and demanding customer base. Insurance options for carbon intensive companies are also shrinking. New solutions do offer a way forward but more needs to be done by the insurers.
The still continuing global shortage of semiconductors is perhaps the biggest supply chain risk of 2023 according to a new report by the insurer QBE. This problem sprouted after supply couldn't meet with demand during the pandemic.
The Financial Services Council (FSC) of Australia has announced soon-to-be-implemented New Life Code of Practice (new life code), which will introduce over 50 comprehensive consumer protections that will change the way customers interact with their life insurers.
The global cyber insurance market is predicted to double in size in the next four years according to a new analysis released by analytics company GlobalData.
Investment in clean energy technologies is significantly surging ahead of the spending on fossil fuels according to a new report by International Energy Agency (IEA).
The European Council (EC) has adopted a 'negotiating mandate' on the proposed directive to empower consumers for the green transition, which aims at enhancing consumers´ rights by amending the unfair commercial practices directive (UCPD) and the consumer rights directive (CRD).
Asia could face serious and urgent water challenges ahead as climate change impacts the continent's 10 mighty rivers that flow through 16 Asian countries according to a new report.
The manufacturing, use and scrapping of electric cars produces around 15% to 50% more greenhouse gases (GHGs) than hybrid and conventional engine cars according to a new study conducted by the Engine Research Lab of Indian Institute of Technology (IIT) Kanpur.