Archive

Zurich limits coal exposure in investment and underwriting

Third major firm to do so after Axa and Scor

EU launches consultation on sustainability and fiduciary duty

A European Commission proposal to formally recognise sustainability as a part of large investors' fiduciary duty will be tested by public consultation.

Axa IMRA expands forestry portfolio with Finnish acquisition

Deal forms part of firm's responsible investment strategy

Insurers blacklist illegal fishing boats

More than 20 leading insurers have pledged to stop underwriting vessels that have been blacklisted for their involvement in illegal fishing.

Philippines government cedes cat risks to global reinsurers

The Philippines government has agreed a reinsurance programme that will cover national government assets, as well as 25 participating provinces, from up to $206 million in losses from major typhoons and earthquakes.

Insurers under fire for underwriting coal industry

Divesting from coal companies while continuing to underwrite them is a 'blind spot' of insurers' climate policies, according to campaigners. Cintia Cheong investigates what four insurers are doing about it

Europe's sustainable property funds have great potential, says Catella

Real estate funds with a sustainability focus currently hold only €2.73 billion ($3.18 billion) of the €11 trillion allocated to sustainable investments in Europe, but have "considerable untapped potential", according to Swedish asset manager Catella.

People Moves: AXA IM, Solactive, REG, Boralex

Final TCFD report supported by investors with $25trn

The Financial Stability Board's (FSB) Task Force on Climate-related Financial Disclosures (TCFD) has released its final report, with the public support of investors with roughly $25 trillion in assets under management. Other businesses with a combined market capitalisation of approximately $3.5 trillion have also supported the recommendations.

Insurers are bystanders on climate change risk management

Insurers are largely bystanders when it comes to managing climate change risk in their investment portfolios, according to the latest survey by the Asset Owners Disclosure Project (AODP).