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Insurance, pandemics and climate change
10 April 2020Insurers have long been aware of the risks of a global pandemic, but have failed to act. They mustn't make the same mistake on climate change, Peter Bosshard writes
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European re/insurers at forefront of fossil fuel withdrawal, Moody's reveals
26 February 2020Axa, Allianz, Swiss Re, Munich Re and Zurich have made greater progress than their global peers in reducing exposure to fossil fuels and thermal coal in particular, according to a Moody's Investors Service report.
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Integrate climate risk now, insurers told
16 September 2019Insurers should start integrating climate risk into their management and business operations now, and not wait for the perfect tools, according to a report from the Asset Owners Disclosure Project (AODP) and UK charity ShareAction.
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Major US insurer stops investing in or insuring coal
09 August 2019Chubb's decision reflects the increasing risks in the coal sector as a result of efforts to tackle climate change, argues Dave Jones
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Munich Re: raise carbon prices to avoid 'extreme human misery'
10 June 2019Munich Re's chief executive Joachim Wenning has called for carbon emission costs to rise by almost fivefold in order to tackle climate change.
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MEAG and Luxcara seal debt and equity deal for wind farm
18 March 2019German asset managers MEAG and Luxcara have structured a debt and equity deal to finance two wind farms in Norway.
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2018 cat losses will be far worse than early estimates, says JLT Re
28 January 2019Total insured catastrophe losses for 2018 will be significantly higher than the $80 billion -90 billion reported by Swiss Re, Munich Re, Aon and others, according to broker JLT Re.
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RMS warns of $13bn California wildfire losses
19 November 2018Total insured losses from the wildfires currently devastating large parts of California will be between $9 billion and $13 billion, predicts RMS.
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Major insurers to cooperate on climate risk tools
14 November 2018The UN Environment Programme Finance Initiative (UNEP FI) has announced a partnership with 16 of the world largest insurers to develop a new generation of climate risk assessment tools.
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Hannover Re defends coal investing
12 November 2018Reply to criticism comes on heels of Vienna Insurance Group's own defence