Archive

  • Fossil fuel divestment movement ‘backed by $6trn in assets’

    13 September 2018

    Investors with a combined $6.24 trillion in assets have publicly committed to divest from fossil fuels, according to a study by Arabella Advisors.

  • Severe natural catastrophes in 2017 leave Europe's non-life insurers nursing losses

    06 September 2018

    Last year's spate of severe natural catastrophes caused Europe's non-life insurers cumulatively to make a loss from covering property damage.

  • Hannover Re is latest insurer to 'exit coal'

    20 June 2018

    Hannover Re is set to become the latest reinsurer to sell some of its coal-related investments.

  • Members of EU Technical Expert Group on Sustainable Finance announced

    13 June 2018

    The European Commission has announced the members of its Technical Expert Group on Sustainable Finance.

  • Aviva under fire for taking only "baby steps" to move away from coal

    11 May 2018

    Aviva has become the latest insurer slammed by the Unfriend Coal network, a coalition of non-governmental organisations (NGOs) that targets insurers facilitating fossil fuel extraction, for investing in the coal sector.

  • 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

  • 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.

  • 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

  • Swiss Re could stop insuring thermal coal projects

    15 January 2018

    Swiss Re could be the next insurer to stop underwriting some coal projects, Environmental Finance understands, building on its previous commitment to sell its investments in coal-related stocks.