CLIMATE RISKS

China energy plan backs away from coal power plant ban

China has stopped short of introducing a ban on building new coal-fired plants as its government unveiled its 2021-2025 energy plan

Shipping industry calls for EU action on fuel

Leading shipping firms have called on the European Union to do more to encourage the use of hydrogen and ammonia by ships as part of its upcoming maritime fuel law

A week where the energy around energy has picked up

It has been a significant week in the energy industry and one that will have interested the insurance sector

Swiss Re expands flood capabilities

Swiss Re has entered into a partnership with flood specialist ICEYE

Moody’s flags concerns over reinsurer casualty claims

Rating agency Moody’s has flagged concerns over the ultimate impact of coronavirus-related claims and rising liability claims on the performance of the leading four reinsurers: Hannover Re, Munich Re, Scor and Swiss Re

Shipping industry seeks global carbon solution

A leading shipping association has called for global standards that will enable the maritime sector to create a level playing field for the move to low carbon fuels