ESG
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Marsh reported to US government over role in controversial East Africa pipeline
Human rights and environmental groups have filed a complaint to the US government alleging that Marsh has violated OECD guidelines…
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Climate change: Tipping point looms
Munich Re’s latest analysis of total economic global natural catastrophe losses in 2022 shows a reduction compared with previous years. But the…
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Chaucer and Kita launch first carbon offset failure insurance
Speciality insurer Chaucer has partnered with carbon credit insurance experts Kita to begin insuring companies against the risk of failed…
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Liberty Mutual’s Global Risk Solutions appoints head of sustainability
Denise Delaney has been appointed as head of sustainability for Liberty Mutual Insurance’s Global Risk Solutions (GRS) division. According to…
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Zurich launches new climate change adaptation and mitigation service
Zurich and climate solutions experts South Pole are teaming up to offer a new service that will help clients get…
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Swiss risk managers face up to new ESG reporting rules
Switzerland risk managers at firms regulated by the Swiss Financial Market Supervisory Authority (Finma) must get up to speed on…
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German insurers agree to updated ESG guidance with greater focus on biodiversity
The German insurance association (GDV) has updated its sustainability guidance for members two years after it was first adopted, and…
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Net-Zero Insurance Alliance creates target-setting protocol to decarbonise (re)insurance portfolios
The Net-Zero Insurance Alliance (NZIA) has launched its first target-setting protocol at the World Economic Forum’s Annual Meeting in Davos,…
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Aviva enters European, UK and US offshore wind market
Aviva has entered the offshore wind insurance market and said this is set to be a growth area for the…
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Proportionality needed in CSRD to manage burden for smaller insurers and captives: GDV
The German Insurance Association (GDV) has called on the EC to ensure the principle of proportionality is properly applied to…
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AXA Research Fund mandate renewed for scientific and risk research
AXA has renewed the mandate of its AXA Research Fund, a philanthropic scheme that invests in scientific projects, for a…
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Zurich North America launches sustainability-focused captive
Zurich North America has launched a group captive that will offer auto, general liability and workers compensation coverage, while optimising…
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Chubb launches new global climate business unit to support net zero
A new global climate business unit has been launched by Chubb to provide a full spectrum of insurance products and…
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Time to get back on the front foot
This has been quite a year for the European and global risk and insurance management community, and I am sure…
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AGCS creates ESG unit to deliver more net zero solutions for clients
Allianz Global Corporate & Specialty (AGCS) has created a dedicated ESG unit that will develop new insurance solutions and other…
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Rise in best practice climate change disclosure but progress stalls for water and forest transparency, says CDP
Some 283 global companies have been awarded the highest score for climate change disclosures in CDP’s annual A list, an…
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Zurich drops out of Dow Jones Sustainability Index as it focuses on other ratings
Zurich Insurance is one of the top five largest companies to be removed from the latest Dow Jones Sustainability Index…
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CEOs at five US insurers and Lloyd’s put on ‘naughty’ list by climate protestors
Campaign group Mothers Rise Up have given the CEOs of six insurance companies – Lloyd’s of London, STAAR, Liberty Mutual,…
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Risk managers face growing ESG risks
The interconnectivity of ESG risks is creating new challenges that risk managers and their organisations cannot afford to ignore. ESG…
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ESG-related litigation on the rise in Europe
Corporate Europe has been far more successful in its efforts to resist the kind of litigation persistently faced by its…