Mitigating climate risk needs insurance regulators 'to get tough'
Insurance regulators have been urged to take a hard-line approach for insurers on climate risk management.
Alok Sharma: COP 26 'will see agreement' on Article 6 debate
Alok Sharma, president of the United Nations Climate Change Conference (COP26) has spoken of his confidence in Article 6 of the Paris Agreement - relating to carbon markets and yet to be ratified - being agreed next year.
Swiss Re ramps up its internal price on carbon
Several leading European insurance groups - Swiss Re, Generali, Allianz and Aviva Europe - have announced bold actions to lower greenhouse gas (GHG) emissions.
Insurers' oil and gas activities to be next under spotlight
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.
Many insurers still lack sustainable underwriting policies
Re/insurers shared tips on setting up frameworks for incorporating environmental, social and governance risks in underwriting at a recent UNEP PSI webinar. Cintia Cheong reports
Danish pension funds invest $250m in US solar projects
Danish pension funds PenSam and PKA have invested DKK1.7 billion ($249 million) in US solar energy plants in California and Texas.
Insurance, pandemics and climate change
Insurers 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
Pandemics come and go, climate risk here to stay, Swiss Re warns
Financial markets must not lose sight of the threat from global warming in the frenzy around the Covid-19 pandemic, Swiss Re has warned.
Cat modelling awakens to climate change risk
Responsibility for understanding the implications of climate change for insurers has largely fallen on the shoulders of the catastrophe modelling community. They are responding with a more dynamic and multi-faceted view, as Paul Walsh reports
European re/insurers at forefront of fossil fuel withdrawal, Moody's reveals
Axa, 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.