CLIMATE AND SUSTAINABILITY – Page 5
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NewsBermudian reinsurers at ‘early stage’ of ESG journey
Lack of resource is the biggest barrier to ESG development as Bermuda trails global leaders in Europe
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NewsSCOR announces oil underwriting restrictions
The French reinsurer will cease providing cover for new oil field production projects from 2023
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NewsClimate crisis: Re/insurers must overhaul business models
Just 8% of insurers are resilience champions while 73% of policyholders rank climate among their top concerns
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NewsWildfires threaten New Mexico resorts
More than 300 properties in New Mexico and 500 in Orange Country have been destroyed so far
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NewsAviva’s Blanc calls out industry sexism
The insurance giant chief executive was the target of “inappropriate” comments at last week’s AGM
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NewsInsurers face rising ESG concerns
ESG reputation could become as important as product, service and price
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NewsNet Zero could double size of London market
Supporting insureds on their transition journeys could generate $125 billion by 2030 - LIIBA
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NewsAre you ready for the SEC climate rules?
Publicly-listed firms will be compelled to report on third party climate risks as well as their own
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NewsILS a key solution to climate crisis - MAS
21 ILS transactions have been launched in Singapore since 2018, including a growing number by Asian cedants
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NewsAriel Re provides Ecogensus with performance guarantee cover
Lloyd’s Syndicate 1910 provides insurance coverage to backstop comprehensive performance guarantees for Ecogensus’ recyclers
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NewsAM Best lowers Argo Re’s BCAR score
Material adverse reserve development in 2021 raises new concerns
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NewsClimate protesters block Lloyd’s entrance
Extinction Rebellion has blocked access to the market as it calls on re/insurers to stop insuring fossil fuel projects
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NewsO’Donnell is named chair of ClimateWise
Kevin O’Donnell, president and CEO of RenaissanceRe, will head up the industry climate action body
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NewsGulf Business News: DIFC, Global Ethical Finance Initiative join hands to support COP28 agenda
DIFC and GEFI aim to drive change across the world’s financial industry relating to delivering net zero, unlocking Islamic finance, financing nature and biodiversity, and financing sustainable development goals
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NewsFidelis introduces new fossil fuel restrictions
Pledges are in line with Fidelis’ recently made pledges as a member of the Net-Zero Insurance Alliance
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NewsSupport our transition journeys, FERMA urges re/insurers
Exclusions, limited or unavailable cover are ‘punishing’ insureds for embracing the green transition, says European risk association
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NewsWTW buys climate risk analytics firm
Fintech Butterwire will be integrated into WTW’s Climate and Resilience Hub in Glasgow
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NewsSwiss Re enters Lloyd’s Lab
The reinsurer has entered the accelerator’s eighth cohort with an ESG proposition
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NewsInsuring the transition to net zero
Why insurers have a critical role to play in the shift away from fossil fuels
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NewsDWIC2022: ESG: Rising to the challenge - Middle East potential
Insurers and brokers who undercut the environmental, social, and corporate governance standards (ESG) will face ‘catastrophic’ consequences, a roundtable on the topic heard.
