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Insurers underperform on ESG integration, says Vigeo Eiris
22 August 2018The insurance industry must work harder to improve its consideration of environmental, social and governance (ESG) issues, according to a report which ranked it 23rd out of 39 industries for its performance on reporting and integration.
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Will insurers keep up with the Jones?
20 August 2018California's Insurance Commissioner Dave Jones has been threatened with US lawsuits for his efforts to act on climate-related risks. Undeterred, he hopes his work can now drive international action, he tells Michael Hurley
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H1 disaster losses well below average, says Swiss Re
20 August 2018Global economic losses from disasters plunged to $36 billion in the first half of 2018 from $64 billion in the same period last year, well below the ten-year average of $125 billion, according to Swiss Re.
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Climate change impacts asset value, UN study finds
13 August 2018Insurers increasingly ESG screen their investments, but even the value of their favoured asset is at risk
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Munich Re tightens coal divestment policy
06 August 2018The CEO of Munich Re has announced a new climate and divestment policy for the German reinsurer, in a guest article for German newspaper Frankfurter Allgemeine Zeitung.
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Environmental group targets UK insurers over climate risk management
06 August 2018Three major UK insurers have been accused of failing to take into account climate risks in their business models by environmental pressure group ClientEarth.
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German insurers warn against ESG goals diluting Solvency II
01 August 2018German insurers have warned the European Commission (EC) against formulating inflexible rules around ESG investing as part of its 'action plan' for boosting such allocations.
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Don't regulate us on climate change, say insurers
27 July 2018Watchdogs should not create a separate sphere of rules for insurers to combat the risks of climate change, underwriters have told the peak global supervisory association.
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Insurers face potential screening by San Francisco for coal and tar sands involvement
27 July 2018City's supervisors approved resolution urging action to be done
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Allianz Global Investors buys wind farms in France
27 July 2018The firm seeks to expand its Allianz Renewable Energy Fund II