ESG Risk Review
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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 16, 2023
Data is key to managing climate-related risk
When it comes to managing climate-related risk, it is pretty clear that data is the key. As with all risks,…
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June 16, 2023
EC waters down sustainability reporting standards under CSRD
The EC has opened a consultation on the latest draft of its sustainability reporting standards which appears to water down…
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June 16, 2023
IPSASB kicks off public sector sustainability reporting standards project
Respondents to the International Public Sector Accounting Standards Board’s (IPSASB) May 2022 consultation paper on advancing public sector sustainability reporting…
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June 16, 2023
Cost containment and ESG policies key factors for people mobility
Cost containment and ESG policies are two of the key factors driving changes in people mobility in Europe, according to…
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June 16, 2023
Dutch investment group calls for radical action on plastics
Some 185 investors with $10trn in combined assets, coordinated by the Dutch Association of Investors for Sustainable Development (VBDO), are…
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June 16, 2023
Regulator urges Dutch insurers to raise climate risk management game
Bert Boertje, Head of Department Policy Supervision Pensions at the National Bank of the Netherlands (DNB), was the keynote speaker during the…
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June 14, 2023
EC to regulate ESG ratings providers
The European Commission has tabled a new package of measures that it says will build on and strengthen the foundations…
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June 14, 2023
Europe’s new product safety regime enters into force
The EU’s General Product Safety Regulation (GPSR) has entered into force, with hopes it will address “major societal changes” that…
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June 13, 2023
KLM greenwashing claim can go ahead, says Dutch court
The District Court of Amsterdam has granted permission for Dutch campaigners Fossielvrij and Reclame Fossielvrij to bring a greenwashing lawsuit…
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June 13, 2023
ESG-related proxy resolutions decline in the US
There has been a dampening effect on ESG-related proxy resolutions in the US, with shareholder support for climate change and…
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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 9, 2023
Two-thirds of UK employees not offered key protection benefits
A new survey of UK businesses finds they aren’t doing enough to protect the long-term health of their employees by…
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June 8, 2023
Past no longer guide to the future on weather-related construction risks
Construction risk managers and their insurers can no longer rely on historical data for climate-related risk and must instead use…
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June 8, 2023
Cyber rates to plateau as market reaches ‘equilibrium’, says Moody’s
Moody’s believes that cyber insurance rates will flatten or increase slightly in the near term as the market enters equilibrium…
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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 7, 2023
ESG regulatory tracker tool launched by Sustainable Fitch
Sustainable Fitch has launched a regulatory tracker tool, aiming to bring clarity to the fast-evolving and complex regulatory environment in…
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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…