The 2021 Global Risks Report posits that climate change impacts cannot be ignored. Here we bring together a roundup of recent GC Capital Ideas posts focusing on climate change. The 2021 Global Risks Report is published by the World Economic Forum with support from Marsh McLennan. A Hot Opportunity – Four Trillion Reasons To Accelerate the Energy Transition: Today, it is ... Continue Reading »
climate change
A Hot Opportunity: Four Trillion Reasons To Accelerate the Energy Transition
Today, it is crucial for companies and the (re)insurance market to incorporate climate change into business considerations as investors, ratings agencies and financial regulators apply pressure on firms. If European companies do no more to reduce carbon dioxide emissions than they have currently promised, Earth’s temperature will be on track to rise 2.7 degrees Celsius by 2100. ... Continue Reading »
Climate Change Impacts Cannot Be Ignored: Global Risks Report 2021
Environmental concerns gained traction among risks identified by businesses surveyed in the World Economic Forum’s (WEFs) Executive Opinion Survey, which informs the 2021 Global Risks Report, published by the WEF with support from Marsh & McLennan. Four of five environmental risks featured in the top 20 global rankings for the first time. This trend is particularly ... Continue Reading »
2021 Global Risks Report: A Focus on Climate Change
As climate change, the increase in natural catastrophe events and the COVID-19 pandemic alter the contemporary risk landscape, there is now an opportunity for governments to partner with the (re)insurance industry and put its expertise to work. ... Continue Reading »
Marsh & McLennan and The World Economic Forum Present The Global Risks Report 2021
The 16th edition of the Global Risks Report, published by the World Economic Forum with support from Marsh & McLennan, highlights the disruptive implications of major risks, including the COVID-19 pandemic, that may reshape our world in 2021 and over the next decade. ... Continue Reading »
GC Capital Ideas Top Climate Change Insights of 2020
Here we highlight the top stories of 2020 that GC Capital Ideas has presented on managing risks associated with climate change. ... Continue Reading »
Recent GC Capital Ideas Video Talks On the Current Risk Landscape
GC Capital Ideas highlights recent video talks from our experts, with a focus on COVID-19 developments and climate change. ... Continue Reading »
Wildfire – Understanding and Modeling the Risk: Part IV
The GC Urban Conflagration Index, available in the western United States and Florida, identifies areas where the phenomenon of urban conflagration is more likely. Urban conflagration – wildfire entering a developed area and spreading from structure to structure, is of particular concern to carriers due to the highly correlated and often total resulting losses. The GC Urban ... Continue Reading »
Wildfire – Understanding and Modeling the Risk: Part III
In a proactive response to consecutive years of record wildfire insured losses, Guy Carpenter has been working to develop tools to help clients quantify, manage and better understand their wildfire risk, according to Alexander Van Dijk, President, U.S. Branches, and Kimberly Roberts, North America Peril Advisory, Guy Carpenter. This includes a holistic suite of tools and ... Continue Reading »
Guy Carpenter/Flood Re Webinar Highlights Critical Importance of Enhanced Planning and Collaboration to Boost Flood Resilience
The dual challenges of increasing flood risk in the United Kingdom and the impact of climate change are demanding improved planning, greater adaptability and proactive engagement across multiple stakeholders to better identify climate-related exposures and enhance resilience measures, particularly in the built environment. This is according to industry policy and building ... Continue Reading »
