Insurers, chief financial officers (CFOs) and actuaries will face overwhelming changes and challenges in the year ahead. These include compliance with new regulatory and solvency standards, pricing insurance premiums in line with inflation and other economic factors, addressing climate risk and ESG concerns, and adapting to new technologies. The impact
Fast 200 Todesopfer (davon 134 allein im Ahrtal), 33 Milliarden Euro an Sachschäden – das Hochwasser im Ahrtal 2021 war die teuerste Naturkatastrophe der europäischen Geschichte. Und weniger als ein Viertel der betroffenen Assets war versichert. Wer die Risiken von Überschwemmungen und anderen Naturereignissen früher erkennen und präziser einschätzen will,
Today’s investors are eager to understand the climate-related risks of their business investments, not just because they are becoming more climate-conscious but also because climate-related risk can bring financial risk. A newly proposed rule in the US aims to bring more transparency to those risks. In March, the US Securities
We are getting used to seeing banks considering climate risk. After all, it is closely related to other types of risks that financial institutions mitigate and manage. There are two main types of risks associated with climate: Physical risk of financial losses directly related to climate change-related extreme weather events. Transition
