Extreme Weather: Euro Zone could lose 5% of GDP, says ECB

by | Jul 10, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“Climate-related risks are an immediate concern for financial stability and economic growth,” Stracca and Bundesbank board member Sabine Mauderer said in a blog published by the ECB Extreme weather events such as heatwaves, flooding and wildfires could wipe as much...

India’s billion-dollar infra projects face extreme weather test

by | Jun 7, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

India is ranked sixth among countries most affected by extreme weather, according to the 2025 Climate Risk Index report by Germanwatch. The world’s fastest-growing major economy has experienced more than 400 extreme weather events over three decades ending 2022, which...
Geneva Association report calls for action to safeguard home insurance amid rising extreme weather risks

Geneva Association report calls for action to safeguard home insurance amid rising extreme weather risks

by | May 20, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management

“Extreme weather is no longer a future threat – it’s disrupting lives and businesses today. But we’re not powerless. By urgently investing in stronger local building standards, nature-based solutions, and climate-resilient infrastructure, we can protect people and...
Renewable Energy: Nat Cat and unmodelled extreme weather risks emerge as a defining challenge

Renewable Energy: Nat Cat and unmodelled extreme weather risks emerge as a defining challenge

by | Apr 24, 2025 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

A new report by GCube Insurance calls for action from insurers, developers, and financiers to close the global renewables risk management gap. This will involve enhancing data accuracy through updated Nat Cat modelling, optimising asset design to withstand emerging...