Climate Risks

Megaberg adds billions of tonnes of water to Atlantic

The world’s biggest iceberg has pumped 152 billion tonnes of fresh water into the South Atlantic as it continue to melt as it makes its way north to warmer waters

Marsh uses Risilience to support client climate reporting

Marsh, the world’s leading insurance broker and risk advisor, has partnered with data analytics platform Risilience to support clients globally in understanding their climate change risks and meet their obligations in accordance with the Taskforce on Climate-related Financial Disclosures (TCFD)

Campaigners look to shame oil and gas underwriters

Climate campaigners have released new research which names and shames the underwriters they say are fueling ongoing oil and gas production in Brazil

PRA: tell us which stress test scenarios are material

The UK’s Prudential Regulation Authority, which is planning a formal launch of its Insurance Stress Test in May, has asked for more technical input from the market

Businesses flag worker shortage concerns in Allianz Risk Barometer 2022

The shortage of a skilled workforce is a new entry in the top 10 risks at number nine in the latest assessment of key risks facing companies: the 2022 Allianz Risk Barometer

UK secures £700 million in renewables rights sale

BP and Shell were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction which raised nearly £700 million