ESG Insurance
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June 23, 2023
Actuary slams NZIA exodus over ‘false’ anti-competition fears
The Net-Zero Insurance Alliance (NZIA) “exodus” over “false” anti-competitive issues is a huge missed opportunity for the insurance industry and…
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June 20, 2023
NZIA down to 12 members after IAG and Beneva exit
Membership of the UN-convened Net Zero Insurance Alliance (NZIA) has fallen to 12 after Australia’s IAG and Canadian mutual Beneva…
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June 19, 2023
Airmic warns of anti-ESG challenge facing members
Airmic is warning members of a big “challenge” from anti-ESG legislation in the US, while calling for more “consistency” on…
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June 19, 2023
Swiss Re commits to hardening nat cat market
Swiss Re said it is committed to the natural catastrophe market, confident the risk remains insurable and with the potential…
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June 19, 2023
D&O risk looms as ESG lawsuits multiply
Jochem Spanjers and Tim Sweerts of law firm Allen & Overy attracted a large gathering of insurers for their discussion…
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June 18, 2023
Sustainability underwriting needs more uniform approach, argue Portuguese risk managers
Insurers are increasingly taking sustainability measures into account during the underwriting process but there remains a lack of uniformity when…
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June 12, 2023
Selective underwriting for sustainability risks but need for transition taxonomies
Insurers are becoming increasingly selective in underwriting when it comes to sustainability, and this is likely to accelerate the adoption…
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June 12, 2023
Aon highlights DE&I priorities for benefits plans
As part of diversity, equity and inclusion (DE&I) in the workplace, many employers are looking to support a diverse workforce…
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June 7, 2023
Net Zero Insurance Alliance drops to 14 members
The Net Zero Insurance Alliance (NZIA) has been reduced by half to just 14 members after high-profile exits from some…
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June 6, 2023
Mapfre cuts carbon footprint by 26% in three years
Mapfre says it has reduced its carbon footprint by 26% across all of its activities compared to 2019, putting it…
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May 31, 2023
Climate activists accuse US insurers’ largest shareholders of inaction
Climate activists have accused the largest shareholders of certain US insurers of failing to hold the companies to account over…
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May 30, 2023
UN backs NZIA collaboration but 11 members have now quit
The UN said “there is a fundamental and urgent need for collaboration” in the insurance and reinsurance industry to tackle…
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May 26, 2023
Allianz, Scor and chair AXA exit NZIA
Three more European insurers, AXA, Allianz and Scor, left the Net Zero Insurance Alliance (NZIA) yesterday after weeks of speculation…
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May 26, 2023
Scor reveals new sustainable underwriting commitments on oil, gas and coal
Scor has announced new sustainable underwriting commitments, including policies on gas, Arctic oil and gas, oil sands, and coal. But…
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May 23, 2023
Swiss Re latest to quit Net-Zero Insurance Alliance
Swiss Re is the latest high-profile member to leave the UN’s Net-Zero Insurance Alliance (NZIA) in the face of growing…
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May 12, 2023
Chaucer signs up to UN Principles for Sustainable Insurance
Chaucer has signed up to the UN Principles for Sustainable Insurance (PSI). The insurer has already committed to becoming net…
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May 11, 2023
Insurance solutions to help de-risk climate change impacts
Insurers can help corporates to de-risk impacts from climate change in a number of different ways, according to Swiss Re…
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May 11, 2023
Global law report highlights increased ESG scrutiny for insurers
The increased scrutiny of ESG strategies in many jurisdictions is impacting directors’, officers’ and financial institutions’ coverage, as well as…
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May 10, 2023
BIBA publishes ESG guide for members
The British Insurance Brokers’ Association (BIBA) has published an online guide for its members on Environmental Social and Governance (ESG),…
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May 4, 2023
Talanx sets out new net-zero commitments
The Talanx Group is to introduce additional restrictions on insurance for new oil and gas projects with effect from 1 July 2023,…