U.K. Report Outlines Climate Security Threats
April 23, 2008 – Climate change could cause global conflicts as large as the two World Wars which will last for centuries unless it is controlled, a leading U.K. defense think tank, the Royal United Services Institute, is warning. more...

Zurich Forms Dedicated Alternative Energy Team
April 22, 2008 – Zurich Financial Services Group (Zurich) has announced that Zurich Global Energy, a unit of its Global Corporate division, has created a cross-functional team to address the insurance needs of the growing alternative energy market, including solar power, wind power, biomass, geothermal energy and hydropower. more...

Insured CAT Losses Top $30 Billion: Munich Re Study
April 10, 2008 – Insurers experienced nearly $30 billion in global catastrophic losses during 2007, according to a report published by Munich Re. The recorded a total of 960 natural events in 2007 with total losses of $82 billion. more...

Financial Sector in Climate `Danger Zone:’ KPMG
April 8, 2008 – The financial services sector is one of six industry sectors in the “danger zone” from climate change risks, according to a new report published by KPMG. The other industries at risk include: aviation, healthcare, tourism, transport and oil and gas. more...

Swiss Re’s Emission Desk Purchases Carbon Credits
April 7, 2008 – Swiss Re Global Markets Limited, a Swiss Re subsidiary, has entered into the agreement with Hebei with the main objective of acquiring Certified Emission Reductions (CERs) for its emissions trading desk. Hebei’s project will achieve emission reductions by replacing fossil fuel based power with state-of-the-art wind power plants connected to the North China Power Grid. more...

Catastrophe Losses In 2007 Highest In Europe: Swiss Re
March 11, 2008 – Catastrophe-related economic losses from natural and man-made catastrophes around the world exceeded $70 billion in 2007, according to the latest Swiss Re Sigma study. more...

How Companies Think About Climate Change: McKinsey
March 5, 2008 – Fully 60 percent of global executives surveyed by The McKinsey Quarterly regard climate change as strategically important, and a majority consider it important to product development, investment planning, and brand management. abstract | full report

More Needs to be Done With Impact of Climate Change, Underwriters Say
February 18, 2008 – Fifty-seven percent of the underwriters interviewed for Lloyd’s fourth annual underwriting survey believe that more needs to be done to prepare for the impact of climate change. more...

European Commission Adopts Major Climate Change Measures
January 23, 2008 – The European Commission has adopted a package of far-reaching proposes to fight climate change and promote renewable energy, including a 20 percent decrease in greenhouse gasses by 2020. more...

Climate Change on World Economic Forum Agenda
January 23, 2008 - Climate change and skyrocketing food prices in Africa will be among the topics discussed at this year’s World Economic Forum in Davos, Switzerland. 08 meeting details

Zurich Launches Market-Focused Climate Initiative
January 21, 2008 – Zurich Financial Services Group has announced the launch of a global initiative focused on the development of products and services addressing the evolving risks associated with climate change, as well as the establishment of a long-range carbon management strategy. more...