Reinsurance News
Climate change news
News on climate change and how it affects the global insurance and reinsurance industry.
Climate risks expose re/insurance protection gaps in global supply chains: SEI
20th January 2026
Global supply chains are increasingly exposed to climate-related disruptions, revealing protection gaps in re/insurance and underscoring the need for stronger adaptation, improved data, and coordinated public–private governance, according to a recent report by Stockholm Environment Institute (SEI). Climate-related disruptions of international supply chains pose a major systemic risk. In Europe, for ... Read the full article
InnSure launches climate innovations incubator platform, Creation Labs
7th January 2026
Non-profit climate change-related insurance risk financing company InnSure has launched Creation Labs, its flagship climate innovations incubator platform created in partnership with GreenieRE. InnSure explained that Creation Labs is a launch and growth platform that will foster the development of new climate risk management products and accelerate their go-to-market time. "By matching ... Read the full article
2025 hurricane season sees record share of Category 5 storms: MS Amlin
3rd December 2025
Although the 2025 North Atlantic hurricane season appeared relatively benign, it saw a record share of storms reach Category 5 status, serving as a warning of the supercharged storms the industry will likely face more often in a warming world. Commenting on the official end of this year’s season, Sam Phibbs, ... Read the full article
Rising costs of weather disasters challenge global economies, says Munich Re
27th November 2025
A new assessment from the global reinsurer Munich Re, draws on the expertise of Chief Climate Scientist Tobias Grimm and Lisa Hanselmann, Head of NatCatSERVICE, and sets out how major economies are increasingly strained by weather-related catastrophes. The company’s analysis shows that eight of the ten largest industrialised nations now face ... Read the full article
Ping An leads “Ancient Tree Guardian Action” and green finance technology
26th November 2025
Ping An Insurance (Group) Company of China, Ltd. has introduced its landmark biodiversity initiative, "Ancient Tree Guardian Action," at the 30th UNFCCC Conference of the Parties (COP 30) in Belém, Brazil. Ping An’s programne integrates insurance solutions, advanced technology, and community engagement to create a long-term system for preserving ancient and ... Read the full article
Aon unveils framework to accelerate re/insurer investment in sustainable energy
18th November 2025
With global premiums forecast to exceed $9 billion by 2030, Aon has launched the Low-Carbon Transition Framework for Insurers, a seven-step process aimed at driving re/insurer engagement with the sustainable energy sector, which, through their capital support, will reportedly increase the viability of low-carbon energy projects and drive climate resilience. "The ... Read the full article
Insurers as enablers of climate resilience through long-term partnerships: HDI Global
14th November 2025
Insurers can act as enablers of climate resilience through highly specialised natural catastrophe assessment tools and bespoke risk consulting, enhancing clients’ preparedness for future challenges, with long-term partnerships key to achieving this, according to Melanie Fischer, Natural Hazards and GIS/Data Analyst at HDI Global. Extreme weather events and natural catastrophes have ... Read the full article
UN insurance forum advocates establishing international taskforce on climate risk
10th November 2025
The United Nations Environment Programme (UNEP) hosted the Forum for Insurance Transition (FIT), which recommended establishing an International Taskforce on Climate Resilience and Transition Insurance. This taskforce would unite insurers, the broader financial sector, regulators, governments, businesses, civil society, and international organisations. The COP30 Insurance Communiqué, titled “Insuring the Transition,” urges a ... Read the full article
Most insurance leaders say industry isn’t adapting fast enough to climate risk: ZestyAI
10th October 2025
A new ZestyAI survey finds that the insurance industry is falling behind in preparing for climate-driven risks, with 61% of executives saying the sector is not adapting quickly enough, even as natural disasters become more frequent, severe, and costly. ZestyAI recently released its 2025 State of Property Insurance survey, which includes ... Read the full article
Re/insurance is at the heart of Sustainable Development Goals: GIC Re’s Hitesh Joshi
9th October 2025
Delivering a keynote speech at the 29th Federation of the Afro-Asian Insurers & Reinsurers (FAIR) General Assembly in Mumbai, India, earlier this week, Hitesh R. Joshi, Executive Director at Indian reinsurance company GIC Re, said that re/insurance is key to the UN's Sustainable Development Goals (SDGs) as he underlined the ... Read the full article
All eyes on re/insurance at NYC Climate Week: S&P
8th October 2025
Re/insurance took centre stage at this year’s Climate Week NYC, held September 21–28, as growing urgency drives the adoption of new strategies and practices to assess climate-related risks, according to S&P. Climate Week NYC 2025, organised by Climate Group in partnership with the UN General Assembly and the City of New ... Read the full article
HDI Global deploys advanced digital tool to transform nat cat risk analysis
6th October 2025
HDI Global, a commercial and specialty lines insurer, has announced the roll out of HDI ARGOS 4.0 (Accumulation Risk Geospatial Online System), an advanced digital risk management service for its clients. This NatCat assessment tool, created in response to the increasing frequency and severity of natural catastrophes driven by climate change, ... Read the full article
Climate change could drive reinsurance volume, but softening a more immediate threat: Morningstar
29th September 2025
While climate change could drive reinsurance volume in the long-term, softening of the market is more important in the medium-term, Morningstar analysts have highlighted in a recent report. The re/insurance industry is facing increasing losses as global temperatures continue to increase, a direct consequence of climate change. While the frequency of ... Read the full article
Aon expands Transition Performance Index to support insurers’ underwriting decisions
24th September 2025
Aon, the global insurance and reinsurance broker, has expanded its transition analytics offering with the launch of the TPI Portfolio, an enhancement to its existing Transition Performance Index (TPI). The broker explains that this expanded capability aims to help insurers assess their risk appetite and make more efficient underwriting decisions. It ... Read the full article
Access to insurance not yet driving climate adaptation investments: Marsh
19th September 2025
In a landscape of increasing extreme weather events, only 5% of private sector organisations view “access to insurance” as their primary motivation for investing in climate adaptation, compared to 53% who prioritise the “need to manage risk,” according to a recent survey by Marsh. Marsh’s 2025 Climate Adaptation Survey analysed responses ... Read the full article
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