Instant Insights / The Business of Insurance

What's happening in insurance today? From market changes and M&A activity to new coverages, the insurance industry is ever-evolving. To stay up-to-date on the business, these articles, which are updated regularly, will help insurance professionals maintain a competitive edge.

News

Insurers, financial institutions face a $1 trillion climate risk

Insurers, banks and asset managers have a lot to lose in the event of more aggressive climate change policies, says Oliver Wyman.

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To date, 19 global insurers have adopted restrictions on coal coverage and investments. (Photo: Shutterstock)

(Bloomberg) — Global efforts to slow climate change could cost the financial industry $1 trillion.

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