Tag: Climate risk

Net-Zero Asset Owner Alliance launches ambitious climate protocol for $9.5tn in...

The Net-Zero Asset Owner Alliance, a coalition of prominent institutional investors, has announced its latest initiative aimed at directing $9.5tn in assets towards sustainability.

WTW launches first-ever coral reef insurance policy in Fiji

WTW, a leading global advisory, broking, and solutions company, has introduced a groundbreaking parametric insurance policy aimed at protecting the coral reef system of the South Pacific Ocean’s Lau Group of islands.

Allianz launches innovative dashboard to track transition pathways to Net-Zero

Allianz has introduced an innovative tool designed to track the emission reductions and investments needed to achieve commitments made by countries under the 2015 Paris Agreement.

California FAIR Plan collaborates with ZestyAI for precise wildfire insurance pricing

Today, two prominent players, ZestyAI, renowned for its climate and property risk analytics solutions, and California FAIR Plan Association, recognised as California's primary property...

ZestyAI introduces FORTIFIED construction standard to its AI-powered risk platform

ZestyAI is set to integrate the FORTIFIED construction standard from the Insurance Institute for Business & Home Safety (IBHS).

Climate-focused Demex bags $5m to transform the reinsurance market

The Demex Group, described as the innovators behind unprecedented reinsurance solutions tackling accumulating losses from secondary perils, has successfully garnered an investment of $5m.

AXA IM Alts welcomes Laurent Lavergne as global head of sustainability

AXA Group’s alternative investments business, AXA IM Alts, has named Laurent Lavergne as its Global Head of Sustainability.

Climate risk startup Reask raises $6.55m to refine AI-driven weather modelling

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.

Climate change risks to now be accounted for in Australia’s financial...

The Australian government has made it compulsory for the APRA to take into account climate change-related risks in its operations.

Navigating the storm: How supply chain risks are shaping board agendas

Once relegated to the background, supply chain management has now made its way into the heart of corporate board discussions. So what exactly are the supply chain concerns that can command board-level attention and how can these be effectively addressed? RegTech giant Moody's Analytics has undertaken the challenge to answer this. 

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