Archive

  • Talanx powers down its thermal coal underwriting exposure

    02 May 2023

    Talanx has reduced its thermal coal infrastructure risks by 17.7% as of year-end 2022 compared with a 2019 baseline.

  • Talanx finances two Spanish solar projects for €250m

    07 August 2020

    The Talanx Group said it will finance two solar power projects in Spain via a €250 million ($296 million) credit insured project bond. This is the seventh solar power plant investment by Talanx.

  • BNP Paribas launches global equity carbon offset fund

    24 January 2020

    BNP Paribas has launched a global version of its climate carbon offset plan fund, targeting a reduced carbon footprint and a material social and environmental impact, following the launch of its European fund.

  • Talanx finds little value in ESG investing - but for surprising reason

    21 November 2019

    German re/insurer reveals correlation between market risk and ESG score

  • CNP Assurances plans to double green investments by 2023

    20 November 2019

    French insurer CNP Assurances said it intends to double its assets under management (AuM) in green investments by 2023 and accelerate its divestment from thermal coal.

  • Monoline-wrapped renewables project financing could be a game-changer

    20 September 2019

    The application of insurance-wrapped debt to renewable-energy project financing is likely to emerge as a valuable addition to the green capital markets toolkit, writes Keith Mullin

  • NN Group announces restrictions on coal-related underwriting

    29 May 2019

    NN Group is to stop providing insurance services to companies that derive more than 30% of their revenues from thermal coal mining from 1 July.

  • Talanx's new coal policy 'does not rule out insuring new coal plants', warns NGO

    14 May 2019

    Talanx would not be prevented from underwriting new coal plants in Poland and Vietnam under its recently announced policy on the fossil fuel, an NGO has claimed.

  • Norwegian pension fund manager divests from coal companies

    08 May 2019

    Norwegian 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.