ESG
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March 14, 2024
Insurers fear rise of ESG requirements
Insurers are becoming increasingly concerned about greenwashing as ESG requirements become tougher, shows a global study carried out among investment…
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March 7, 2024
Price Forbes appoints energy leader and head of renewables
London-based broker Price Forbes has appointed Dan Nicholls to its energy leadership team, and Ray Spreadbury as head of renewables.…
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March 6, 2024
Lloyd’s hits gender target but work remains to reach ethnicity goals
Lloyd’s has revealed that 21% of new hires across the market last year were from diverse ethnic backgrounds, an increase…
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February 28, 2024
Swiss Re calls for adaptation measures to tackle climate change
A new analysis of 36 countries and their exposure to climate change carried out by the Swiss Re Institute ranks…
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February 27, 2024
Mothers Rise Up stages fossil fuel protest outside Lloyd’s
Climate action group protestors have urged Lloyd’s to cease insurance for new fossil fuel projects, and called for a “fair…
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February 22, 2024
Insurers ready to support battery energy storage systems despite risks
Underwriters remain optimistic about the potential of the global battery energy storage systems (BESS) market provided key risks are managed,…
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February 20, 2024
QBE UK narrows gender and ethnicity pay gaps
QBE UK said its gender pay gap narrowed to 21.9% in 2023 from 24.7% in 2022 and from 32.8% when…
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February 19, 2024
Analytics service to help UK insurers better assess ESG risk
A new service from credit information provider CRIF will enable UK insurers to assess the ESG profile of their UK…
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February 9, 2024
Carbon markets represent ‘a significant opportunity for insurance industry’
The carbon markets, while complex and with unique risks and notable challenges, present a significant opportunity for the insurance industry.…
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February 9, 2024
Insurers must adapt to energy transition or disappear, warns risk manager
The insurance industry runs the risk of disappearing if it does not adapt to climate change and the ESG agenda,…
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February 8, 2024
Dalkia CEO demands more insurance support for renewable energy
The CEO of a renewable energy company in France has asked the insurance market to provide more support for innovative…
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February 8, 2024
Wild demands clarity on ESG underwriting policies
The head of France’s risk management association has urged insurers to be more coherent with their underwriting policies because they…
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February 5, 2024
World-first parametric protection for South Pacific coral reef system
A new parametric insurance policy that will help protect the coral reef system of the South Pacific Ocean’s volcano-formed Lau…
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February 1, 2024
Scor to lead new offshore energy consortium at Lloyd’s
Scor has launched an offshore renewable energy insurance consortium within Lloyd’s that has increased the French firm’s total deployable capacity…
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January 30, 2024
Captive owners wise to embrace ESG issues
Captive owners that care about ESG issues will be able to create beneficial and long-term relationships with insurers and reinsurance…
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January 29, 2024
Howden launches carbon capture and storage insurance facility
An innovative insurance facility covering the leakage of carbon dioxide (CO2) from commercial-scale carbon capture and storage (CCS) facilities has…
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January 22, 2024
ESG issues to the fore in DAC Beachcroft’s risk predictions
ESG issues remain a dominant focus of this year’s insurance risk predictions from DAC Beachcroft (DACB), covering extreme weather-related casualty…
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January 18, 2024
More insurers rule out East African Crude Oil Pipeline
SiriusPoint, Riverstone International, Enstar Group, Blenheim and SA Meacock have all told campaigners that they will not insure the East…
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January 17, 2024
COP 28: The good and the bad
As the dust settles on yet another COP meeting, with pronouncements having been made and targets set, what does this…
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January 16, 2024
Strong ESG story helps to take advantage of soft D&O market
While the global D&O market remains buyer-friendly, with abundant capacity, strong competition among D&O insurers, and continued premium decreases and…