Latest Climate Change Headlines
All the headlines from our Climate Change Topic Page, ordered by recency.
Insurance Industry’s Share of Weather-Related Losses Rising, Researcher Says
Aug 22 2005 // The insurance industry’s share of the world’s total economic losses from weather-related catastrophes is rising and 60 percent of these weather-related losses are attributable to small events as distinct from...
Allianz Cornhill CEO Warns Industry ‘Cannot Afford to Ignore Climate Change’
Aug 9 2005 // Andrew Torrance, CEO of Allianz Cornhill in the U.K., has explained why companies cannot afford to ignore the effects of climate change. As reported on the Allianz Group Website – www.allianz.com – Torrance...
MIT Hurricane Study: Global Warming ‘Pumping Up’ Destructive Power
Aug 1 2005 // Global warming is pumping up the destructive power of hurricanes and typhoons, a new study published by Kerry Emanuel, a Massachusetts Institute of Technology hurricane specialist suggests. Emanuel’s analysis of data...
Insurance Community Concerns Mount Over Climate Change Debate
Jul 18 2005 // To paraphrase an old adage: “Nothing concentrates the overall mind of the property/casualty insurance community as much as the approaching certainty of large loss events.” So, it’s no wonder that many...
ABI Study Finds “Extreme Weather” Could Raise Losses to $27 Billion
Jun 30 2005 // The Association of British Insurers (ABI) has released a ground-breaking report, “Financial Risks of Climate Change,” which shows that the worldwide costs of major storms is likely to increase by as much as...
Allianz Sees Impact of Climate Change on Nat Cats
Jun 29 2005 // Joachim Faber, a member of the Board of Management for Germany’s Allianz Group and CEO of its asset management arm, told interviewers on the company’s Website: “We expect climate change to influence the...
Allianz Investigates Consequences of Climate Change
Mar 14 2005 // The Web site of Germany’s Allianz (http://www.allianz.com/) features an interview with two of the company’s climate experts, Matthias Klawa of Allianz Reinsurance and Olav Bogenrieder of Allianz Versicherung,...
Kyoto, Scripps Study, Put Greenhouse Gases in Global Warming Spotlight
Mar 7 2005 // The week of Feb. 14-20, 2005 may have been a turning point in the debate over global warming. Either from incisive planning or pure serendipity, the “Kyoto Protocol” or Treaty, a global agreement aimed at...
Scripps Study Finds Greenhouse Gases Proximate Cause of Ocean Warming
Feb 21 2005 // Researchers at the Scripps Institution of Oceanography at the University of California, San Diego, and their colleagues have produced the first clear scientific evidence that human activity-and very little else- is warming...
Kyoto Protocol Comes into Force; Debate on Global Warming Continues
Feb 17 2005 // The “Kyoto Protocol” or Treaty, a global agreement aimed at reducing greenhouse gasses, has come into force seven years after it was established. So far 141 countries, accounting for 55 percent of greenhouse...
Emerging Risk Symposium to Focus on Global Warming
Feb 4 2005 // The Insurance Leadership Institute, a study group sponsored by GE Insurance Solutions, announced that the conference, to be held February 23, will analyze the effects of hurricanes and global warming on the Insurance...
Climate Change Convention Sounds Warnings on Weather and Claims
Dec 17 2004 // The phrase “Climate Change” has taken its place in the world’s lexicon alongside “discrimination,” “colonialism,” “nationalism,” “iron curtain,”...
R&M Releases Climate Risk and the Weather Market Financial Management Package
Sep 10 2004 // Dublin-based Research and Markets (http://www.researchandmarkets.com) has picked an opportune moment to release a new offering – “Climate Risk and the Weather Market: Financial Risk...
Natural Disasters More Severe and More Costly
Feb 23 2004 // According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion...
Natural Disasters More Severe and More Costly
Jan 26 2004 // According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion...
Natural Disasters More Severe and More Costly
Jan 26 2004 // According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion...
Weather-Related Disasters Cost $60 Billion in 2003
Dec 11 2003 // Delegates attending the current meeting of the United Nations Environment Programme (UNEP) in Milan heard a report, prepared by Munich Re, estimating that the cost of natural disasters, most of which were weather-related...
N.J. Auto Reforms May Signal Regulatory Climate Change Nationwide
Jul 7 2003 // When Governor James E. McGreevey signed The New Jersey Automobile Insurance Competition and Choice Act (S-63/A-2625), he launched another effort aimed at solving the state’s automobile insurance crisis. This time,...
Harvard Medical, Swiss Re Tell Congress Risks of Global Warming “Are Here Already”
Jun 19 2003 // Experts from the Harvard Medical School and Swiss Re briefed members of Congress yesterday on what they see as the current effects of global warming, indicating that it’s no longer “a hypothetical concern for...
Swiss Re and Penn State to Host Financial Strategy Workshop on Managing Weather and Climate Risk
Mar 26 2003 // Swiss Re announced that it will host a one-day, executive education workshop entitled, “Weatherproof Your Business: New Financial Strategies For Managing Weather and Climate Risk,” in partnership with Penn...
