LGT Capital Partners’ Post

🌍 The Rising Cost of Natural Disasters In 2023, a record number of weather-related events caused over $1 billion in damage each, with global insurers facing unprecedented payouts. This highlights the urgent need for stronger climate resilience and disaster preparedness. As climate change continues to fuel more frequent and severe disasters, the financial and human impacts will only grow. #ClimateChange #Sustainability #Resilience #NaturalDisasters #Insurance https://lnkd.in/g9pJcwCX

𝗪𝗵𝗮𝘁 𝘁𝗵𝗲 𝗿𝗲𝗰𝗲𝗻𝘁 𝗻𝗮𝘁𝘂𝗿𝗮𝗹 𝗱𝗶𝘀𝗮𝘀𝘁𝗲𝗿𝘀 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝗜𝗟𝗦 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 🌋 🔵 Insurance claims due to extreme weather events appear to be on the rise. 🔵 Not all natural catastrophes are covered by ILS. 🔵 Currently, #ILS investors are well compensated for the risks taken. ➡ Read the article by Senior Investment Strategist Bernhard Allgäuer here: https://lnkd.in/dRQFyStc

As climate change continues to impact our world, it's crucial to address its effects on the housing market, especially in financially vulnerable districts. ABN AMRO Bank N.V. 's recent study sheds light on the Dutch housing landscape, identifying climate-vulnerable districts and the compounded risks homeowners face due to flooding, foundation issues, and sustainability challenges. The study's key findings highlight the need for action, including enhanced transparency, policy and funding support, and the role of financial institutions. Making risk information a mandatory part of real estate transactions can promote fairer pricing and financial planning for climate adaptation measures. Leveraging combined funding through recovery and heating funds can support energy efficiency and climate resilience in vulnerable districts, and banks and mortgage lenders can play a crucial role in preventing vulnerable populations from gravitating towards devalued, risk-prone properties. 🏘️ Key Insights: - Climate Vulnerable Districts: Districts where the confluence of flooding, foundation issues, and sustainability challenges could overwhelm homeowners. Particularly in areas with a high percentage of private ownership, the financial burden of climate adaptation and energy efficiency improvements might be unsustainable. - Pricing Climate Risks: The study underscores a critical gap in the housing market - the insufficient reflection of climate risks in property valuations. This disconnect not only burdens future buyers but risks the financial security of current homeowners. It's time to elevate awareness and integrate climate risk assessments into property negotiations to mitigate future shocks. Exploring innovative funding mechanisms, such as the recovery fund and heating fund, could offer lifelines to those in climate-vulnerable districts. Dive deeper into the study: https://lnkd.in/e7mHhHWu #ClimateChange #HousingMarket #Sustainability #FinancialResilience #DutchEconomy #PolicyMaking #RealEstate #ABNAMRO #ClimateRisk #EnergyEfficiency

Insurers are hiking premiums and exiting high-risk areas as a result of a 360% rise in insured losses in the past 30 years due to the increased frequency and intensity of natural disasters, according to Bloomberg Intelligence. It said that transition risk associated with the assets backing these liabilities is pressuring insurers to cut coverage of polluting sectors in their investment portfolios. 👉👉https://ow.ly/Oeaa50QWVNQ #climatechange #climatelosses #naturaldisasters Bloomberg

Insurers are hiking premiums and exiting high-risk areas as a result of a 360% rise in insured losses in the past 30 years due to the increased frequency and intensity of natural disasters, according to Bloomberg Intelligence. It said that transition risk associated with the assets backing these liabilities is pressuring insurers to cut coverage of polluting sectors in their investment portfolios. 👉👉https://ow.ly/Oeaa50QWVNQ #climatechange #climatelosses #naturaldisasters Bloomberg

Insurers are hiking premiums and exiting high-risk areas as a result of a 360% rise in insured losses in the past 30 years due to the increased frequency and intensity of natural disasters, according to Bloomberg Intelligence. It said that transition risk associated with the assets backing these liabilities is pressuring insurers to cut coverage of polluting sectors in their investment portfolios. 👉👉https://ow.ly/Oeaa50QWVNQ #climatechange #climatelosses #naturaldisasters Bloomberg

Insurers are hiking premiums and exiting high-risk areas as a result of a 360% rise in insured losses in the past 30 years due to the increased frequency and intensity of natural disasters, according to Bloomberg Intelligence. It said that transition risk associated with the assets backing these liabilities is pressuring insurers to cut coverage of polluting sectors in their investment portfolios. 👉👉https://ow.ly/Oeaa50QWVNQ #climatechange #climatelosses #naturaldisasters Bloomberg

The industry has been burdened with above-average catastrophe losses in six of the past seven years. The average annual insured loss from natural catastrophe events over that span is $64 billion (not adjusted for inflation). This year is shaping up to be another troublesome year. Download the extract to learn more here: https://lnkd.in/erTzd5QF

FLOOD RISKS ON REAL ESTATE IN MORGES Recent floods in Switzerland have highlighted the pressing issue of climate risk exposure for real estate investments. In Morges, major investors were exposed: - UBS with UBS Sima - AXA Suisse with AXA AST - Zürcher Kantonalbank/Swisscanto Direction de Fonds SA with Swisscanto IFCA Understanding these risks is crucial for making informed investment decisions. Our data reveals key insights about the flood risk exposure: - Value of buildings - Investors’ assets - Major portfolios Our data helps institutional investors assess and mitigate climate risks, ensuring responsible and resilient investment strategies for the future. #RealEstateInvestment #FloodRisk #ClimateRiskManagement #ESGInvesting #InvestInSwitzerland #MorgesFloods #RiskManagement #SwissSustainability

Insurers are hiking premiums and exiting high-risk areas as a result of a 360% rise in insured losses in the past 30 years due to the increased frequency and intensity of natural disasters, according to Bloomberg Intelligence. It said that transition risk associated with the assets backing these liabilities is pressuring insurers to cut coverage of polluting sectors in their investment portfolios. 👉👉https://ow.ly/Oeaa50QWVNQ #climatechange #climatelosses #naturaldisasters Bloomberg