Archive

Lloyd's launches framework to assist market in transition to net zero

Lloyd's of London has launched its long-awaited draft roadmap for how the re/insurance market will approach the transition to net-zero emissions.

IAIS issues consultation on greenwashing and climate scenario analysis

The International Association of Insurance Supervisors (IAIS) has issued a second consultation on climate risk as part of its goal to promote "a globally consistent approach" in the insurance supervision framework.

$9.5trn group of asset owners calls for 'smarter not more' engagement on climate

A $9.5 trillion group of asset owners has urged their asset managers to set clearer objectives for climate engagement with their investees, as one member called for a 'smarter not harder' approach.

Require transition plans in Solvency II, EU urged

Phoenix Group: Time for the UK government to form its own transition plan

The UK government would help to catalyse investment in climate solutions if it produced its own transition plan, Phoenix Group has argued.

IAIS issues 'call to action' to close natural catastrophe protection gap

The International Association of Insurance Supervisors (IAIS) urged supervisors to help the industry close the growing natural catastrophe (NatCat) protection gap, arguing this task is "central" to the work of insurance supervisors.

Eiffel lends €60m to industrial company with 'extra-financial objectives'

Gaia Impact holds first close of second energy transition fund at €40m

Report reveals top insurers of US coal

Global insurers AIG, Liberty Mutual, Lloyd's of London, Swiss Re and Zurich are among the top insurers of US coal mining, according to findings from Insure Our Future and Public Citizen.

Insurance Risk & Capital Americas 2023: Climate change already making some perils 'uninsurable'

Climate change has been named as one of the biggest headwinds facing the insurance industry by a panel of risk experts, with its effects already making some perils uninsurable.