Monte-Carlo : les réassureurs et leurs traités face au dérèglement climatique

The document discusses the role of reinsurance treaties during the 'Rendez-Vous de Septembre' in Monte-Carlo, highlighting how these treaties currently allow the continued coverage of fossil fuel expansion despite the increasing costs of natural disasters. Reclaim Finance contends that simply raising premiums is an unsustainable solution and calls for the exclusion of new fossil fuel projects from these treaties.

• Natural disasters caused costs of nearly 50 billion dollars in the first half of 2023, establishing climate change as a primary challenge for the insurance and reinsurance industry.
• Reinsurance treaties, which account for over 70% of revenue, are excluded from the energy sector policies that major reinsurers use to pursue 2050 carbon neutrality and the 1.5°C warming limit.
• Major European reinsurers—Munich Re, Swiss Re, Hannover Re, and SCOR—have limited their commitments to exclude new coal, oil, and gas projects to their direct insurance and facultative reinsurance activities, leaving fossil fuel expansion possible through reinsurance treaties.
• Increasing reinsurance treaty prices to maintain profitability is unsustainable, as seen in the United States where home insurance has become unaffordable in several states and some insurers refuse new clients in high-risk areas.

APA

Martin, L. (2023). Monte-Carlo : les réassureurs et leurs traités face au dérèglement climatique. Reclaim Finance. https://reclaimfinance.org/site/2023/09/11/monte-carlo-les-reassureurs-et-leurs-traites-face-au-dereglement-climatique/

Chicago

Martin, Léo. Monte-Carlo : les réassureurs et leurs traités face au dérèglement climatique. Reclaim Finance, 2023. https://reclaimfinance.org/site/2023/09/11/monte-carlo-les-reassureurs-et-leurs-traites-face-au-dereglement-climatique/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=Monte-Carlo : les réassureurs et leurs traités face au dérèglement climatique |publisher=Reclaim Finance |date=11 September 2023 |url=https://reclaimfinance.org/site/2023/09/11/monte-carlo-les-reassureurs-et-leurs-traites-face-au-dereglement-climatique/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2023montecarlo, author = {Martin, Léo}, title = {{Monte-Carlo : les réassureurs et leurs traités face au dérèglement climatique}}, publisher = {Reclaim Finance}, year = {2023}, month = sep, url = {https://reclaimfinance.org/site/2023/09/11/monte-carlo-les-reassureurs-et-leurs-traites-face-au-dereglement-climatique/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }