Daily Digest: Insurers add new vectors to climate finance, Ambrey sets out war risk stall, MS&AD merges subsidiaries

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Insurers are adding a new vector to climate finance Assisting developing countries is normally associated with development banks and non-governmental organisations, but climate finance initiatives are drawing from an additional pool of expertise. Increasingly, insurance is joining forces with the established development community, both to complement their existing approaches and to offer new solutions to funding disaster relief. In an interview with Insurance Day, Ekhosuehi Iyahen, secretary-general of the Insurance Development Forum (IDF), points out historically insurers and development banks operated in separate spheres.