ESG
-
Businesses must prepare for disorderly transition to net zero: WEF
Companies should prepare for a “disorderly transition” to a low-carbon economy, as climate change adaptation threatens to increase societal, economic…
-
Renewable energy growth creates complex threat landscape for risk managers: WTW
Rapid growth in the renewables energy sector has landed risk managers with a full in-tray of emerging risks, according to…
-
Aspen incorporates ESG into underwriting framework
Aspen said ESG factors are now built into its underwriting of credit and political risks, with the aim of generating…
-
Skuld joins zero-carbon shipping initiative
Marine insurer Skuld has joined the Maersk Mc-Kinney Moller Center (MMMC) for Zero Carbon Shipping to help decarbonise the maritime…
-
Norwegian wealth fund rejects companies over ESG risk
Norges Bank Investment Management (NBIM), the entity that manages the Norwegian sovereign wealth fund, has removed nine companies from its…
-
Marine insurers back decarbonisation scheme
A number of marine insurers have signed up to an initiative designed to bring more transparency and urgency to the…
-
Amrae members playing limited role in climate risks and unhappy with insurance solutions
French risk managers still play a limited role in managing climate change risks and are unhappy with the solutions offered…
-
Lloyd’s accused of greenwashing as it stops short of mandating coal exit
Lloyd’s has been accused of “greenwashing” and “abandoning” climate commitments to stop covering fossil fuels by an action group that…
-
Insurers urged to boost solutions for carbon market
Insurers have been slow to come up with solutions for the carbon market and nature-based solutions to limit global warming,…
-
Marsh McLennan names Zurich’s Bouchard MD of climate
Marsh McLennan has appointed Francis Bouchard as managing director of climate in its Advantage team, which helps clients develop resilience…
-
Arch and Fidelis sign up to WTW’s carbon-transition accreditation system
Arch Insurance International has become the latest insurer to back Willis Towers Watson’s (WTW) Climate Transition Pathway (CTP) with its…
-
Dutch insurers welcome clarity from EC on sustainable investment
The Dutch Insurance Association (Verbond van Verzekeraars) has welcomed the latest moves by the European Commission (EC) to significantly update…
-
Study shows different levels of climate literacy throughout Europe
A study has revealed a worryingly low level of knowledge around climate change among European citizens. Less than one in…
-
MS Amlin Underwriting creates new head of sustainability role
Lloyd’s global specialty (re)insurer MS Amlin Underwriting has appointed Amir Sethu to a newly created head of sustainability and ESG…
-
Anti-coal campaign against Convex parks up at London Market Conference
Environmental group Market Forces has targeted Convex Insurance at the London Market Conference, which is taking place in the city…
-
Zurich urged to go further after making new commitments on oil and gas
Zurich has announced that it will no longer underwrite new greenfield oil exploration projects unless “meaningful transition plans” are in…
-
Pressure mounts on Convex as two more insurers rule out Adani’s Carmichael project
Two London insurers, in RSA Insurance and Conduit Re, have ruled out underwriting Adani’s controversial Carmichael coal project in Australia,…
-
Asbestos and environmental losses rise for first time since 2017: AM Best
An uptick in environmental losses last year increased insurers’ total asbestos and environmental (A&E) losses for the first time since…
-
Renewables ‘gold rush’ requires new approach to insurance
A ‘gold rush’ in renewable energy investment will bring huge opportunities for insurers, but it will require more efficient and…
-
Aviva reports growth in commercial lines as simplification drive continues
UK insurer Aviva has reported strong growth in its general insurance business and particularly strong new business wins in its…
