All ESG articles
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Mapfre targets 6% growth and 10-11% RoE
Spanish insurer Mapfre aims for a 95% combined ratio by the end of 2026.
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ESG: business sense, culture and innovation focus – GAIF34 panel
Saudi Re is using technology to drive ESG, while speakers agreed on the need for top-down ESG strategy to align with overall strategy and to emphasise the business case of ESG.
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Lloyd’s chairman apologises for insurance market’s historical slave trade role, announces Inclusive Futures programme
New initiatives announced at Lloyd’s “to create a more equitable market and society” follow independent research exploring Lloyd’s historical links to the transatlantic slave trade.
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DWIC 2023: Spotlight on skills and talent
On the back of the DIFC’s Talent Week, a panel of experts discussed the skills gap and how to close it
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DWIC 2023: Insurers are 'on the frontline' in the climate crisis
The insurance industry must “drive the pathway to net zero”, explained Dame Susan Rice in a fireside chat
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DWIC 2023: ‘Force’ needed to spark industry climate action
As the consequences of climate change endure, further industry regulations will be required to halt its effects
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Report tackles climate modelling uncertainty
Regulators have different approaches, resulting in a lack of consistency and hindering re/insurers efforts
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Chaucer will “embed” ESG into underwriting model
The company intends to embed a pre-bind tool to determine the ESG score of prospective clients
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Cyber war exclusions top industry’s list of concerns for 2023
Climate change and ESG responsibilities will also shape the direction of travel this year, predicts RPC
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Insurance sector ‘perfectly positioned’ for carbon removal action – Swiss Re
Swiss Re’s senior risk manager advises underwriters to not be ‘scared’ of providing cover for carbon removal
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Fresh protests in the City over controversial coal project
It follows a tip-off that Probitas1492 is insuring the Adani Carmichael’s thermal coal project rail line, haulage operation and port
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Lloyd’s welcomes Richard Dudley as Council member
He replaces Dominic Christian, who will be stepping down on 31 January 2023 after nine years
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Fitch follows S&P in SCOR downgrade
Downgrade reflects the reinsurer’s continued weak financial performance, which “has worsened in 2022”
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Korean Re adopts coal-exit strategy
The move by Asia’s second largest reinsurer is welcomed, but there are calls to restrict coal from its treaty business
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Special Report: Road to 1/1
It was straight to business this year as reinsurers, brokers and cedants entered one of the most challenging renewal seasons in years
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RSA launches low-carbon underwriting policy
Insurer has committed to achieving an underwriting portfolio for energy production that is over 75% low carbon by 2030
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Companies with higher ESG ratings are a better risk - study
Environmental ratings have the strongest correlation with loss ratios, according to the analysis by Howden and Fidelis
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Insurers are innovating to address nature loss - Geneva Association
Over 50% of global GDP is dependent on natural capital and ecosystem services, many of which are close to ‘tipping points’
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IDF calls for 'convergence' of insurance and disaster risk management
As key milestones announced at COP27, IDF heralds the industry’s ability to influence “systemic change”
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Gulf 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