ESG
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May 30, 2023
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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May 30, 2023
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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May 26, 2023
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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May 26, 2023
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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May 26, 2023
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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May 25, 2023
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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May 25, 2023
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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May 23, 2023
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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May 23, 2023
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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May 16, 2023
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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May 16, 2023
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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May 16, 2023
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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May 12, 2023
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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May 11, 2023
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…
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May 11, 2023
Global law report highlights increased ESG scrutiny for insurers
The increased scrutiny of ESG strategies in many jurisdictions is impacting directors’, officers’ and financial institutions’ coverage, as well as…
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May 11, 2023
The need for insight & intelligence on sustainability risks
ESG and sustainability considerations are becoming increasingly important for corporates, covering everything from greenhouse gas emissions, greenwashing, impact on biodiversity,…
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May 10, 2023
BIBA publishes ESG guide for members
The British Insurance Brokers’ Association (BIBA) has published an online guide for its members on Environmental Social and Governance (ESG),…
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May 5, 2023
FM Global launches tool to help clients manage climate change risk to 2050
Commercial property insurer FM Global has launched a data-driven tool for clients to identify and mitigate their climate risks between…
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May 5, 2023
Companies neglecting the impact of ESG on insurance
A general ignorance around the impact of sustainability on the role of insurers is in danger of compromising companies’ risk…
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May 4, 2023
Talanx sets out new net-zero commitments
The Talanx Group is to introduce additional restrictions on insurance for new oil and gas projects with effect from 1 July 2023,…