Archive

Shareholders urge QBE to stop playing with fire

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.

QBE warns climate change may make insurance premiums unaffordable

Australian firm QBE Insurance has reported climate change could result in premiums becoming "unaffordable" for some customers, as it begins counting the cost of recent natural disasters in its home market.

People Moves, 6 January: Posaidon, Cerema, Rest

Scor scales up coal divestment policies

Insurer Scor has strengthened its coal exclusion policies, but it still falls short of alignment with the goals set by the Paris Climate Agreement.

Talanx withdraws from coal-based risks

Talanx Group, the parent firm of Hanover Re, is the latest in the growing ranks of insurers to distance itself from the coal industry.

QBE reveals coal exclusion policy

Australian insurer QBE will target zero direct investment in the thermal coal industry by 1 July 2019, according to its new energy policy.

Australia launches HLEG-style sustainable finance initiative

A group of leaders and senior executives at Australia’s major banks, superannuation funds and insurance companies has been assembled to devise a sustainable finance ‘roadmap’.

Suncorp best-placed insurer to ride out APAC climate risk, Sustainalytics says

Suncorp has been identified by Sustainalytics as the best-positioned property and casualty insurers to ride out climate risks in the volatile Asia-Pacific region.

QBE sets impact investing target at $1bn

QBE has set a goal to grow its impact investment portfolio to $1bn by 2021, tripling its previous minimum commitments.

Environmentalists slam US insurers for backing coal

Asia-Pacific firms fare slightly better; Swiss Re and Axa earn top marks