ESG Insurance
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September 7, 2023
GVNW urges insurers to focus on coverage for green transition
The German risk and insurance management association (GVNW) would like to see insurers focus on delivering new coverages for innovations…
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September 7, 2023
Allianz sets out net-zero transition plan
Allianz has set out its first net-zero transition plan, aiming to achieve net-zero emissions by 2050 in its proprietary investment…
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September 5, 2023
Buyers question whether carriers are making the most of ESG data
Risk and insurance managers from Belgium question whether the growing interest in ESG data from insurers is much more than…
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September 4, 2023
EIL can bridge environmental coverage gaps for M&As
Environmental risks have become critical in mergers and acquisitions (M&A) but most warranty & indemnity (W&I) policies have a blanket…
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August 4, 2023
First risks written by Hiscox’s Lloyd’s sub-syndicate ESG 3033
Hiscox has underwritten the first risks in its recently launched Lloyd’s sub-syndicate, ESG 3033, providing cover for a new wind…
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August 1, 2023
AXA to stop insuring new gas greenfield projects
French insurer AXA has announced that it will discontinue insurance for upstream gas greenfield projects. The latest revision to its…
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August 1, 2023
Fidelis MGU sets 2030 decarbonisation target
Bermuda-based Fidelis MGU has set a first interim target for its underwriting portfolio, covering all emission scopes across the energy…
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July 26, 2023
Institute and Faculty of Actuaries commits to biodiversity actions
The Institute and Faculty of Actuaries (IFoA) has committed to the development of effective policy frameworks worldwide and methods for…
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July 20, 2023
TMHCCI adds greening endorsement for overseas Japanese subsidiaries
Tokio Marine HCC International (TMHCCI) has added a free green upgrade endorsement to commercial property polices held by subsidiaries of…
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July 20, 2023
AXA XL rolls out carbon emission product for marine clients
AXA XL has launched a carbon emissions product for marine clients as it works with the sector on its path…
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July 14, 2023
German insurers welcome simplification of sustainability reporting rules
The German insurance association (GDV) has welcomed the latest version of the European Sustainability Reporting Standards (ESRS) following public consultation…
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July 11, 2023
Beazley shifts ESG Consortium into full syndicate
Lloyd’s-based insurer Beazley has announced the next phase in the development of its ESG Consortium, which provides additional capacity to…
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July 7, 2023
NZIA an ‘empty shell’ after dropping targets, says Insure Our Future
The Insure Our Future Campaign says that the decision by the Net-Zero Insurance Alliance (NZIA) to no longer require its…
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July 6, 2023
NZIA removes mandatory net-zero member targets after recent exodus
The UN-convened Net Zero Insurance Alliance (NZIA) has removed member obligations to set net-zero targets and publish progress after more…
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July 4, 2023
UK insurers offer guidance to business to become “nature positive”
The Association of British Insurers (ABI) says British businesses need help as they face up to the risks posed by…
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July 3, 2023
AXA in Spanish renewable energy deal
AXA is supporting the development of renewable energy in Spain with the signing of a ten-year Virtual Power Purchase Agreement…
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June 29, 2023
Adani coal mine protestors occupy Probitas offices
Environmental protestors entered the London office of Lloyd’s insurer Probitas today, calling for the firm to stop underwriting the rail…
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June 29, 2023
AXA targets 30% reduction in large commercial customer emissions by 2030
AXA said it will reduce the absolute carbon emissions of the largest commercial insurance customers in its portfolio by 30%…
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June 27, 2023
Mosaic increases political risk capacity to $30m
Mosaic Insurance has expanded its political risk capacity to $30m and extended its support of sustainable finance for green-energy infrastructure…
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June 25, 2023
Nature loss risk calls for innovative transfer solutions: Marsh
Nature loss is significantly affecting businesses by disrupting supply chains, decreasing available natural resources and ecosystem services, and threatening corporate…