news archives - june 2007
 | Munich Re to be Carbon Neutral by 2012
June 27, 2007 – Munch Re has announced that it plans to make its entire operations climate-neutral by 2012. The Group’s head office in Munich, where more than half its international reinsurance workforce is based, will be CO2-netural by 2009. Munich Re employs nearly 7,000 individuals in 50 locations worldwide. more... |
| Association of British Insurers Issues Manifesto on Climate Change
June 20, 2007 – The Association of British Insurers has released, “Adapting to our Changing Climate: A Manifesto for Business, Government and the Public,” which sets out a set of strategic solutions and immediate action needed to manage key threats such as maintaining habitable house, reliable transport and safe water supplies. more... |
| G8 Leaders Call for “Substantial Cuts” in Greenhouse Gas Emissions
June 7, 2007 – Leaders of the G8 nations have agreed to work for “substantial cuts” to greenhouse gas emissions, but the language of their declaration falls short of declaring a specific timeline to achieve that goal. German Chancellor Angela Merkel, the current head of the G8, had sought to cut emissions in half by 2050. more... |
| Risk Reduction Key to Addressing Climate Change, Says UN Secretary-General
June 6, 2007 – Risk reduction is critical to addressing climate change and other hazards, United Nations Secretary-General Ban Ki-moon said in a message to an expert meeting being held in Geneva to address the issue. more... |
| Financial Services Companies Sign Declaration on Climate Change
June 5, 2007 – Top executives of more than 20 leading financial services companies – all members of the United Nations Environment Programme’s Finance Initiative -- have signed a Declaration on Climate Change that calls on G8 nations to support deep greenhouse gas emission reduction targets. Among the companies signing the declaration were Allianz and Munich Re. more... |
 | Groups Present Proposal for Insurer Climate Change-Related Interrogatories
June 4, 2007 – Representatives from CERES, the Natural Resources Defense Council and Center for Economic Justice outlined reasons why they think climate change-related interrogatories should be included in insurance company annual statements during a session of the Climate Change and Global Warming (EX) Task Force held during the summer national meeting of the National Association of Insurance Commissioners in San Francisco. Voicing concerns about the proposal were Robert Detlefsen of the National Association of Mutual Insurance Companies and Dave Snyder of the American Insurance Association. more... |
| Munich Re Takes Lead on Reinsuring Caribbean Catastrophe Risk Insurance Facility
June 1, 2007 -- Munich Re is taking the syndicate lead in reinsuring the Caribbean Catastrophe Risk Insurance Facility, which offers 16 countries in the Caribbean insurance cover against hurricanes and earthquakes. more... |
