Posts Tagged ‘climate change’



July 12th, 2018

How climate-resilient is your organization?

Posted at 1:00 AM ET

reslience21Stakeholders are looking for greater transparency on the risks and opportunities presented by climate change and the shift to a low-carbon economy. This focus is increasing with the accelerating support for the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) released in June 2017.

However, organizations have questions about how to disclose on climate risks and what alignment to the TCFD recommendations means in practice; many are simply unsure how and where to get started.

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June 28th, 2018

Reporting Climate Resilience: The Challenges Ahead

Posted at 3:00 AM ET

reslience21Companies in all sectors, including the financial-services industry, are being asked: What are the implications of climate change risks and opportunities for your organization’s financial performance? Organizations must identify, assess, and respond to the strategic and operational risks and opportunities presented by this changing business environment.

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June 7th, 2018

Captives’ Future Will Track with Global Risks

Posted at 1:00 AM ET

What does the future hold for captives? Trends that may alter captive owners’ strategies include tax reform, climate change and emerging technologies.

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February 19th, 2018

Marsh & McLennan Companies Climate Resilience Handbook, 2018

Posted at 1:00 AM ET

Marsh & McLennan Companies has developed a comprehensive framework to help organizations think through all aspects of climate resilience. The 2018 MMC Climate Resilience Handbook provides concise cases that will change the way you think about climate in the context of your organization in three categories of action.

August 22nd, 2017

Cat Modelling Challenges in Europe: Part II

Posted at 1:00 AM ET

weatherhead_mark-sm1Mark Weatherhead, Head of Model Development - International

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While there is still uncertainty regarding the degree of impact from climate change, the likely consequences are subject to modelling. Increasing global temperatures are projected to impact the mid-latitude and polar regions more than the tropics.

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August 3rd, 2017

Public Sector Risk Financing Perspectives in Europe/Middle East/Africa: Part II: Public Sector Strategic Initiatives in EMEA

Posted at 1:00 AM ET

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Charles Whitmore, Managing Director

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Organizations throughout EMEA have significantly increased the establishment of strategic initiatives to close the protection gap and improve society’s ability to recover from the devastating impact of natural catastrophe losses. Marsh & McLennan Companies’ Risk & Insurance Services Segment, comprised of Guy Carpenter and Marsh, have developed resources and expertise to help clients in this area.

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August 2nd, 2017

Public Sector Risk Financing Perspectives in Europe/Middle East/Africa: Part I

Posted at 1:00 AM ET

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Charles Whitmore, Managing Director

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On a global basis, approximately 70 (1) percent of the economic loss caused by natural catastrophe events is not covered by insurance. This gap, the cost of uninsured events, frequently falls on governments through disaster relief, welfare payments and infrastructure repair and rebuilding. The ultimate cost of these responses causes a strain on public balance sheets and an increase in public debt, ultimately burdening taxpayers. The protection gap is increasing in emerging economies especially where the amount of natural catastrophe economic loss covered by insurance dropped from 25 percent in 2002 to approximately eight percent in 2014.

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June 26th, 2017

Public-Private Insurance Partnerships Bolster Latin American/Caribbean Resilience: Part V: Microinsurance Helping Close Insurance Gap

Posted at 1:00 AM ET

aidan-pope-headshot-sm26Aidan Pope, Managing Director

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Not to be outdone, the private sector has demonstrated its commitment to bringing insurance solutions to emerging economies through the industry consortium and venture incubator Blue Marble Microinsurance. Blue Marble’s founding consortium has committed to launching ten microinsurance ventures in the next ten years to deliver risk management solutions to the underserved. Through collaboration with strategic partners, including government and quasi-government entities and innovative technology-enabled platforms, Blue Marble seeks to improve sustainability by expanding the role of insurance in society. These ventures will consider unique distribution methods, local partnerships, product development and impact services.

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May 10th, 2017

Guy Carpenter Hosts International Forum: Building Sustainable Flood Insurance Solutions

Posted at 10:30 PM ET

Guy Carpenter & Company hosted an international forum entitled “Building sustainable flood insurance solutions” in Berlin on May 9-10. The event brought together leading figures from science and academia, non-governmental organizations and the (re)insurance industry to examine the rapidly growing impact of flooding and explore measures to significantly reduce that impact.

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