ESG
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Lack of data on new construction technologies still hindering transfer options
New technologies and methodologies in the construction sector are proving a challenge for insurers due to a lack of data,…
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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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European insurance supervisors need sharper teeth to tackle greenwashing: Eiopa
Europe’s national insurance supervisors say that they need sharper teeth and more resource to tackle the growing challenge of greenwashing…
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Spanish risk managers add ESG to their remit
Risk managers are becoming increasingly involved with the adoption of ESG principles by their companies, and insurers are taking it…
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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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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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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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Increased climate-related claims activity in UK and Europe expected
The UK and Europe are expected to see increased activity in certain new types of climate-related claims, according to Lydia…
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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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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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Climate protestors target Lloyd’s AGM
Lloyd’s AGM was disrupted yesterday by climate protestors who staged a fake fire outside the Lloyd’s building in London and…
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Debate hots up on coverage for mass timber projects in Europe
A webinar will be held today by the Alliance for Sustainable Building Products (ASBP) and partners designed to push forward…
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Spanish risk managers welcome positive aspects of ESG
Spanish risk managers say that they are getting increasingly involved with the adoption of ESG principles by their companies, and…
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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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AXA XL creates new head of energy transition role
AXA XL has appointed Vicky Roberts-Mills as head of energy transition to help clients as they transition to net zero.…
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Sustainability needs uniformity argue Portuguese risk managers
Insurers are increasingly taking into account the sustainable credentials of their customers, but there is still a lack of uniformity…
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NZIA weakened by exits but insurance industry will push on with net zero underwriting
The exit of three leading (re)insurers from the industry’s net zero standards body does not necessarily signal a sector-wide pull-back…
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New group head of ESG at Chaucer
Chaucer has promoted Simon Tighe to become its group head of ESG, in addition to his role as group head…
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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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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…