by AIP Online Bureau | Sep 21, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life
At the core of the problem is an increase in the severity of disasters exacerbated by climate change and the damage they wreak. Until now, state regulations that cap increases in insurance premiums and subsidized insurer-of-last-resort programs have hidden the...
by AIP Online Bureau | Aug 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Median home insurance premiums surged 28% to A$1,894 ($1,240) in the year to March 31, according to a report released Monday by the Actuaries Institute. Premiums in the highest-risk properties — such as those in flood or bushfire-prone areas — shot up 50%, it said...
by AIP Online Bureau | Aug 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
A data sample comprising 77% of U.S. insurers showed they held fossil fuel-related assets worth $536 billion in 2019, and patterns are unlikely to have changed dramatically since then, according to sustainability consultancy ERM, investor advocacy group Ceres and...
by AIP Online Bureau | Aug 2, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
Companies will have to disclose whether they have climate transition plans and also report relevant social factors, including human rights violations, as part of the larger plan to highlight the investment risks and opportunities presented by ESG factors Companies...
by AIP Online Bureau | May 12, 2023 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Policy
In a new report linking rainfall deficits to higher farmer suicide rates in India’s drought-prone states, researchers said climate change was making “agriculture an extremely risky, potentially dangerous and loss-making endeavour” By Roli Srivastava...
