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WTW secures funding for climate shock insurance product
18 March 2024 -
Allianz rejected 34 insurance deals in 2023 due to sustainability risks
14 March 2024Allianz's sustainability assessment processes resulted in it not proceeding with insurance transactions for 34 customers last year, according to its 2023 sustainability report.
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Lack of nature-related scenarios a challenge for target setting, insurers say
13 March 2024While insurers increasingly consider nature and biodiversity in their investment programmes, leveraging the work done on climate to set targets on nature is not always an easy fit..
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Nature is a natural fit for insurers but comes with difficulties, says Zurich director
12 March 2024Putting capital into nature makes sense for insurers' business models, Danielle Brassel, director of responsible investment at Zurich, has said, but there remain issues before the industry can fully integrate it into their work.
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Dai-ichi Life makes two impact investments in medical sector
11 March 2024 -
Generali Investments' Sosteneo acquires Italian energy transition portfolio
04 March 2024 -
Paris Agreement 'missed a trick' by not creating standard-setters, says Swiss Re
16 February 2024The insurance sector must look to external bodies to define the standards needed to make progress towards net-zero - but those bodies don't exist, according to Swiss Re's CEO.
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US West Coast insurers face up to $40bn in climate-related losses
07 February 2024An analysis of the investments of insurers licensed in the US West Coast has found climate change could create losses of up to $40 billion for their corporate bond portfolios.
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Innovative Fijian coral reef insurance policy inked
05 February 2024An innovative insurance policy that will help make a range of Fijian coral reefs more resilient to cyclone and storm damage has been signed.
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Skane raises SEK400m from Folksam-backed green bond
23 January 2024