climate risk News

AAA Bond Ratings Still Being Issued to Coastal Cities Threatened by Climate Change

Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change – or face higher borrowing costs on the $3.9 trillion municipal bond market. Climate advocates cheered, hoping the prospect of …

Eight Insurers Receive Top Marks on Climate Risk: Ceres

Munich Re and Ace Ltd. are among insurers that are best prepared to manage risks related to climate change, a lobbying group said. The nine insurers that were found to be integrating climate change into underwriting and investments also included …