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NN Group announces restrictions on coal-related underwriting
29 May 2019NN Group is to stop providing insurance services to companies that derive more than 30% of their revenues from thermal coal mining from 1 July.
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Norwegian pension fund manager divests from coal companies
08 May 2019Norwegian mutual insurance company KLP, which manages the pension funds of municipal employees, has sold NOK3.2 billion ($365 million) of exposure to 46 companies profiting from coal-based operations.
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Scor scales up coal divestment policies
26 April 2019Insurer Scor has strengthened its coal exclusion policies, but it still falls short of alignment with the goals set by the Paris Climate Agreement.
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QBE reveals coal exclusion policy
03 April 2019Australian insurer QBE will target zero direct investment in the thermal coal industry by 1 July 2019, according to its new energy policy.
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Insurance & Climate Risk EMEA conference: It's no longer about the obstacles but about the opportunities
04 December 2018ESG investment needs to be more forward looking, panellists warn
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Grey areas risk overshadowing a green taxonomy, says insurer
26 November 2018Assets currently considered as green could be put at risk of becoming stranded if they were found to fall outside the bounds of a green taxonomy, according to Michèle Lacroix, head of group investment at French insurer Scor.
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Fossil fuel divestment movement ‘backed by $6trn in assets’
13 September 2018Investors with a combined $6.24 trillion in assets have publicly committed to divest from fossil fuels, according to a study by Arabella Advisors.
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Severe natural catastrophes in 2017 leave Europe's non-life insurers nursing losses
06 September 2018Last year's spate of severe natural catastrophes caused Europe's non-life insurers cumulatively to make a loss from covering property damage.
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Hannover Re is latest insurer to 'exit coal'
20 June 2018Hannover Re is set to become the latest reinsurer to sell some of its coal-related investments.
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Members of EU Technical Expert Group on Sustainable Finance announced
13 June 2018The European Commission has announced the members of its Technical Expert Group on Sustainable Finance.