Climate Change

Opportunities Abound for Insurers as Need for Energy Sources Increases

By Mark E. Ruquet, PropertyCasualty360.com | January 22, 2013

Nations of the world will need to come to grips with climate change and seek ways to cut carbon emissions while fulfilling the growing need for energy consumption—all of which spells growth opportunities for insurers, a new report says.
Celebrity 'Storm Chasers' To Keynote WIND 2013

By Melissa Anne Wuske | January 2, 2013

Reed Timmer, star of Discovery's "Storm Chasers," and acclaimed CSU forecaster Dr. Gray will offer unique insights.
WIND 2013 Conference Preview

By Melissa Anne Wuske | January 2, 2013

Reed Timmer, star of Discovery's "Storm Chasers," and acclaimed CSU forecaster Dr. Gray will offer unique insights at this year's event.
Risk Management Profile: Vestas-American Wind Technology, Inc.

By Anya Khalamayzer, PropertyCasualty360.com | December 27, 2012

VIDEO: How risk management creates opportunities for the wind turbine industry, one of the most widely-used sources of alternative energy, to develop and grow.
Insurers Need to Step up in Role As Societal Partner to Mitigate Climate Change Risk

By Chad Hemenway, PropertyCasualty360.com | December 14, 2012

The insurance industry will find itself disproportionately bearing the impact of climate change if it doesn’t find a way to partner with policymakers and stakeholders.
Unusual Hurricane Season Produces More Storms Than Expected

By Mark E. Ruquet, PropertyCasualty360.com | November 29, 2012

Forecasters at Colorado State University are declaring this year’s Atlantic basin hurricane season to be an unusual one that had more activity than expected, but with virtually all of that activity coming in the form of weaker storms.
Columbia to Offer Climate Change Insurance to Coffee Farmers

By Diana Delgado, Reuters | November 28, 2012

Colombia is launching insurance to protect coffee plantations hit by climate change, which has damaged output in the world's top producer of high quality Arabica beans in recent years, officials said on Wednesday.
What Role Did Climate Change Play in Superstorm Sandy?

By Anya Khalamayzer, PropertyCasualty360.com | November 27, 2012

Superstorm Sandy, a “perfect storm” that was caused by an unusual combination of seasonal weather phenomena converging above the Northeast, has stirred some conversation in the media about whether the storm was caused, or made worse, by climate change.
Sandy Impact 'More Severe' Than Irene; Interests Tie Storm to Larger Issues

By Phil Gusman, PropertyCasualty360.com | October 30, 2012

Risk Management Solutions says Sandy's impact on the East Coast is “much more severe” than last year’s Hurricane Irene. As emergency personnel, modelers and insurers assess the ultimate damage, some have connected the storm to hot topics such as federal risk-management strategies, insurers' disaster responses, and climate change.
Swiss Re App Explains Storm Surge, Flood Behavior

By Staff Writer | October 29, 2012

Storm surge? There's an app for that. iPad users can learn about disaster preparedness and how to manage and insure flood-related risks.
Storm Front Hits South Central U.S. Amid Reports of Mild Tornado Year

By Anya Khalamayzer, PropertyCasualty360.com | October 19, 2012

A convective storm front on Wednesday caused six tornado touchdowns in Alabama and Arkansas and hail and wind damage in several other states, reports EQECAT, but 2012 has seen fewer of these storm systems than last year, forecasters say.
Munich Re: Reinsurers Should Account for Climate Change-Driven Disasters in Pricing

By Sarah Mortimer, Reuters | October 18, 2012

Reinsurers should take into account the fact that climate change has boosted natural catastrophes when they price weather disaster insurance, insurer Munich Re said.
Understanding Reef Erosion to Better Insure the Risks of the Future -- Slideshow

By Anya Khalamayzer, PropertyCasualty360.com | September 28, 2012

Catlin's Seaview Survey shows that coral reefs, the first defense against coastal storm surges, are vanishing. Catlin is sponsoring the Survey to better understand the changes occurring to the planet so better decisions can be made about how to insure developing risks.
Mexico Catastrophe Bond Expected to Be Well Received

By Sarah Mortimer, Reuters | September 25, 2012

A new earthquake and hurricane catastrophe bond being marketed by the Mexican government is likely to be well received by investors eager for higher yields than stocks and bonds offer.
Insurance Industry Ground Zero for Economic Impact of Climate Change

By Anya Khalamayzer, PropertyCasualty360.com | September 21, 2012

The insurance industry must play a key role in spurring positive movement on dealing with the environmental issues caused by climate change, says a report from the advocacy group Ceres.
Ace Adds Environmental Liability to Multinational Product

By Staff Writer | September 18, 2012

Ace Group says it has added environmental liability coverage to its corporate multinational product, Ace Evolve.