ESG
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Most insurers will offer incentives for buyers with good ESG, Marsh survey finds
Buyers with good ESG performance are likely to be rewarded by their insurers with higher capacity, lower rates and more…
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Dutch insurers reject need for deforestation regulation at EU level
The Dutch Insurance Association (VVN) has said the EC’s recently announced proposals for a regulation to effectively ban products that…
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Marsh explores bringing renewable energy certificate service payments to global clients
Marsh has told Commercial Risk it is exploring the possibility of expanding its scheme to allow US clients to pay service…
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The risk management implications of the EU Green Deal
In 2020, the EU approved the European Green Deal, ushering in a wave of sustainability initiatives across all sectors. For…
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Denmark commits funds to climate-related loss and damage compensation
Denmark has become the first United Nations member state to pay loss and damage compensation to developing countries for the…
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Marsh’s US clients can now pay service fees with renewable energy certificates
Marsh clients in the US can now pay for the broker’s service fees with voluntary carbon offset credits and renewable…
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Greenpeace sues EU over gas and nuclear ‘greenwashing’
Greenpeace is taking legal action against the European Union (EU) for alleged greenwashing after the bloc included fossil gas and…
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Ferma says insurers not doing enough to help clients through energy transition
Ferma has said there is a lack of risk transfer capacity to support the transition to carbon neutrality and urged…
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Sweden announces emergency funding for electricity producers
Electricity producers in Sweden are set to be given billions in government support in response to Europe’s energy crisis. The…
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Europe’s risk managers face new liability risk as rules on deforestation in supply chain move forward
Europe’s risk managers are faced with another proposal at EU level that further raises the exposure of multinationals to liability…
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ESG impact on M&A insurance coverage remains limited
ESG factors are playing a growing role in mergers and acquisitions (M&A) activity but so far have had a limited…
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Energy crisis questions drive to ban fossil fuel cover
The increasingly intense pressure placed on insurers and reinsurers to back away from covering fossil fuels is causing an “unacceptable”…
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Chaucer and Moody’s roll out ESG scorecard to boost risk management
Chaucer and Moody’s have now rolled out their ESG Balanced Scorecard, which they believe will change the way ESG is…
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Aon and Jupiter partner to boost climate risk analysis for financial institutions
Aon has teamed up with climate risk analytics firm Jupiter to help its financial institutions clients quantify and disclose their…
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European business body says proposed Corporate Sustainability Directive will not work
BusinessEurope, the group that represents 40 EU-based national industry and employer associations, believes the EU’s current draft Directive on Corporate…
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New board diversity rules in UK and US heighten D&O risk: Marsh
New rules by UK and US regulators on board diversity at listed companies look set increase D&O risk with fines…
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ESG to drive future D&O terms and conditions
Companies that demonstrate robust ESG frameworks are more likely to attract better terms and conditions when they buy D&O cover,…
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German firms ill-prepared for sustainable finance disclosure regime
Only half of companies on Germany’s benchmark DAX-40 stock market have reported on more than four of 16 indirect greenhouse…
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Ferma welcomes ‘important’ risk management role in draft EU Sustainability Reporting Standards
Ferma has welcomed the “important role” given to risk management in the first draft of the EU Sustainability Reporting Standards…
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FM Global offers $300m climate mitigation credit to policyholders
FM Global’s policyholders will collectively receive up to $300m as a credit to help them invest in climate mitigation. The…
