ESG Risk Review
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August 16, 2023
Zurich Resilience Solutions expands US sustainability services team
Zurich Resilience Solutions (ZRS), a global provider of risk engineering, mitigation and resilience-building services, has expanded its sustainability services team…
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August 15, 2023
Survey suggests risk managers need to play more prominent ESG role
Sixty-four percent of senior business leaders believe ESG risks are among the top two most impactful threats to their organisation,…
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August 15, 2023
Insured wildfire losses in Hawaii at least $1bn, says RMS
Insured losses from the wildfires that hit Maui and the Big Island of Hawaii last week will likely reach at…
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August 15, 2023
LRQA launches supply chain due diligence map of new global regulations
Risk assurance expert LRQA has published a new map detailing evolving country-specific supply chain due diligence regulations around the world…
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August 14, 2023
The growing importance of managing people risk
Employees have always been the backbone of any organisation and people risk has been growing in importance for risk managers…
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August 14, 2023
Europe moves ahead on ESG as US faces division
There appears, on the surface, to be a growing divide between the US on the one hand, and Europe (and…
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August 14, 2023
Forecasters now expect above-normal Atlantic hurricane season
There is a new consensus on the current hurricane season, with forecasters now predicting an 'above-normal’ season bringing more hurricanes…
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August 14, 2023
Hawaii wildfire damages to cost billions of dollars: Aon
Wildfires that hit parts of Maui and the Big Island of Hawaii last week will likely cause economic damages into…
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August 11, 2023
S&P removes ESG credit indicators from reports
S&P Global Ratings will no longer publish ESG credit indicators for publicly rated entities in its reports. However, it stressed…
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August 10, 2023
Climate litigation doubles since 2017, says United Nations
Climate litigation has doubled since 2017 and is growing worldwide, according to a United Nations report. It said climate litigation is becoming…
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August 10, 2023
UK government publishes Sustainability Disclosure Standards
The UK’s Department for Business and Trade (DBT) has published the UK Sustainability Disclosure Standards (SDS), which set out corporate…
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August 9, 2023
New head of product engagement and services of Chubb Climate+
Dorothée Prunier has been appointed head of product engagement and services for the international operations of Chubb Climate+, the company’s…
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August 9, 2023
European Commission adopts European Sustainability Reporting Standards
The European Commission has adopted the European Sustainability Reporting Standards (ESRS) for use by all companies subject to the Corporate Sustainability Reporting Directive…
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August 9, 2023
First half insured nat cat losses 54% above ten-year average: Swiss Re
Global insured nat cat losses reached $50bn in the first half of this year, 54% above the ten-year average of…
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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 3, 2023
Slowdown in human trafficking criminal justice response
There has been a worldwide slowdown in the criminal justice response to human trafficking, according to latest research, with a…
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August 2, 2023
Mapfre partners with Lobelia Earth on climate change portfolio assessment pilot
Spanish insurer Mapfre has partnered with climate data firm Lobelia Earth to explore the ability to predict the impact of…
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August 1, 2023
Extreme heat could make areas uninsurable says Spanish insurer
The CEO of Spain’s largest insurer has suggested that climate change and the rise in temperatures could leave some areas…
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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…