Archive

Financiers and governments at risk if they accept inexperienced underwriters, says Insure Our Future

The European benchmark price for carbon allowances hit a record high in November, but only one insurer acknowledges investing in them and others seem coy, so far, to deep their toes in, as Vincent Huck finds out.

The UN-convened Net Zero Asset Owner Alliance (NZAOA) has urged development finance institutions (DFIs) to better use public-private finance partnerships...

Anti-coal campaigners aiming to stop development of the Australian Carmichael coal mine have targeted managing agents of Lloyd's syndicates in a week of direct phone calls demanding they rule out underwriting the controversial project.

Fund reached a AUD 6m first close

Australia's QBE Insurance Group (QBE) has become a signatory of the UN Global Compact.

QBE has almost reached its goal of $1 billion in impact investments by next year, using its Premiums4Good programme.

Re/insurers around the world should limit their support for oil and gas projects and have until mid-September to explain the measures they are taking to reduce exposure to the sector, according to environmental NGOs.

Westpac has committed to exit its funding of thermal coal firms by 2030 and to align its financing business to the Paris Agreement, as it launched its updated climate change position statement.

Shareholders coordinated by campaign group Market Forces and investment manager Australian Ethical have co-filed a resolution calling for QBE to align its underwriting and investment activities with keeping global warming below 1.5 degrees.