www.theguardian.com

Adani mine: Three major insurers to have no further involvement in coal project

Three major insurance groups that provided cover for parts of the Adani coal project in Queensland have said they will not provide future policies to the project.

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www.theguardian.com
Climate

Climate crisis will make insurance unaffordable for people who need it most

The climate crisis will make insurance unaffordable for many people, particularly those in regional areas, as the damage from extreme weather events increases, a consumer group has warned.

Climate

Can AI help protect homeowners from wildfire risk?

In fire-prone parts of California, insurance companies are using new AI-powered tools to better estimate the likelihood of a devastating wildfire disaster.
www.theguardian.com
Climate

Coal power becoming 'uninsurable' as firms refuse cover

The number of insurers withdrawing cover for coal projects more than doubled this year and for the first time US companies have taken action, leaving Lloyd's of London and Asian insurers as the "last resort" for fossil fuels, according to a new report.

www.nytimes.com
Climate

California fire insurance squeeze hinders a key goal: preventing fires

Contractors crucial to clearing vegetation around power lines face higher coverage costs because of potential liability in later disasters.
www.theguardian.com
Climate

Climate change could make insurance too expensive for most people - report

Insurers have warned that climate change could make cover for ordinary people unaffordable after the world's largest reinsurance firm blamed global warming for $24bn (£18bn) of losses in the Californian wildfires.

Justice

Billion-dollar weather

Billion-plus-dollar events have been increasing in recent years. As the atmosphere warms, scientists expect destructive weather itself to become even more common.

Climate

Insuring against extreme weather in the Caribbean

Extreme weather events linked to climate change can cause major damage — destroying homes and livelihoods. Caribbean islanders have seen some of the worst effects. Could climate insurance help?
Climate

Insurer to invest in coastal wetlands to mitigate storm damages

XL Catlin has partnered with the Nature Conservancy to develop a new kind of carbon credit.
www.theguardian.com
Climate

Growing number of global insurance firms divesting from fossil fuels

Report shows around £15bn of assets worldwide have been shifted away from coal companies in the past two years as concern over climate risk rises.

www.theguardian.com
Climate

Global insurance plan aims to defuse potential climate damage 'bombshell'

A scheme unveiled at the UN climate summit aims to help protect 400 million poor people from extreme weather by 2020 - but not everyone is convinced.

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