Back in the eighteenth century, the insurance industry in London incentivised widespread behaviour to mitigate fire risk by introducing the world’s first building fire codes in the form of fire marks, and then creating the world’s first organised fire services. Now 350 years later, the...

In the midst of global recession it is tempting for stakeholders especially policymakers to diminish the importance of climate change. Indeed this is a challenge confronting many insurers, and the importance of staying the course cannot be overestimated. ClimateWise is an insurance industry...

In December, delegations from 192 countries will hold two weeks of talks in Copenhagen aimed at establishing a new global treaty on climate change. Six months after the publication of its third major report on climate change and insurance, ‘Coping with Climate Change: Risks and opportunities...

The world’s climate is changing, due mainly to human behaviour, and the effects are predicted tointensify progressively. Already the insurance industry is faced with significant challenges, such asthe increase in flood risk in the UK. However, the need to manage climate change risks...

With only weeks to go untilthe United Nations climate change conferencein Copenhagen, the world is looking for itsleaders to strike a deal that will be farreachingenough to curb catastrophic climatechange from occurring. For the insuranceindustry this agreement is about more thanpreparing for a...

This thinkpiece is the first in a series of several articles on the subject of climate change to be published in 2009. This summarises a detailed report published on 23 February by the CII edited by shared Nobel Prize winner Andrew Dlugolecki, entitled Coping with Climate Change: Risks and...

The study identifies how various customers of insurance can be affected, such as SMEs, the construction industry, farmingand forestry, as well as consumers. It then highlights best practice so that individuals and organisations can manage riskmore effectively.[...]