Archive

  • Japan life insurer in landmark move to end new coal financing

    09 May 2018

    Japan’s Dai-ichi Life Insurance has said it will end new project financing for overseas coal power plants, in a landmark decision among Japanese financial institutions.

  • Allianz to walk away from coal by 2040

    04 May 2018

    The world’s biggest insurer, Allianz, said it will turn its back on coal by 2040, both in its underwriting and investment arms.

  • The beginning of the end for coal investment and underwriting

    30 April 2018

    Insurers have made efforts to disengage themselves from the coal industry on both sides of the balance sheet, but climate activists say they could do more. Cintia Cheong and Nick Roumpis examine the latest developments

  • Axa eyes further divestments from carbon-intensive energy

    22 February 2018

    Axa became the second major European insurer in as many weeks to address the contentious topic of underwriting fossil fuel production at its annual results.

  • 50 names to be added to Climate Action 100+ engagement hit list

    21 February 2018

    50 more corporates are to be added to the $28 trillion Climate Action 100+ initiative's list of targets for climate-related engagement.

  • Allianz sees dialogue as means to reach 'zero coal'

    16 February 2018

    Underwriter was forced to defend insuring fossil fuels at full-year results

  • Insurers slammed for backing Polish coal plants

    08 February 2018

    Allianz, Munich Re and Generali have been criticised for their involvement in a new coal power plant in Poland, while Axa and Aviva are also under fire for the limitations of their coal divestment policies.

  • Allianz, KB Financial and Westpac named sustainability leaders

    06 February 2018

    German insurer Allianz, Korean bank KB Financial and Australia's Westpac Banking Corp are the top financial sector performers in terms of corporate sustainability, according to Swiss asset manager RobecoSAM.

  • Allianz Global Investors buys into seven French wind farms

    31 January 2018

    Allianz Global Investors (AGI), the asset manager of German insurer Allianz, has acquired minority stakes in seven wind farms in France.

  • Lloyd's chief explains coal divestment decision

    24 January 2018

    Lloyd's of London will implement its coal exclusion policy for future investments from 1 April