Reinsurance News
climate risk
Climate risk related insurance and reinsurance news and analysis.
The impacts of climate related risks are a key topic for the insurance and reinsurance industry, while providing risk transfer solutions to hedge against and protect from climate risk related losses is an important area of innovation for the market.
CFAN predicts 80% chance of above average 2018 hurricane season
20th December 2017
Scientists at Climate Forecast Applications Network (CFAN) have forecast an 80% probability of an above normal 2018 Atlantic hurricane season after claiming to have made a breakthrough in understanding the long-range impact of global climate dynamics on Atlantic hurricane activity. Their new model predicts a total Accumulated Cyclone Energy (ACE) of 132 ... Read the full article
InsuResilience Global Partnership launches at 2017 UN Climate Conference
16th November 2017
An international initiative with the goal to provide insurance to 400 more million poor and vulnerable people by 2020, the InsuResilience Global Partnership for Climate and Disaster Risk Finance and Insurance Solutions, was launched today at the 2017 UN Climate Conference in Bonn. Germany launched the Global Partnership with the Ethiopian Chair of ... Read the full article
Cedent & Nephila Capital target climate risk transfer
1st November 2017
Cedent Ltd., a global insurance industry-focused investment management firm, has launched a corporate finance advisory entity with a focus on climate risk that's backed with $500 million of capacity from Nephila Capital Ltd., the world's largest insurance-linked securities (ILS) manager. The new corporate finance advisory joint-venture, Resilience Economics Ltd., will use ... Read the full article
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