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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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Talanx withdraws from coal-based risks
23 April 2019Talanx Group, the parent firm of Hanover Re, is the latest in the growing ranks of insurers to distance itself from the coal industry.
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73% of German insurers' investments are 'sustainable'
27 June 2018Almost half want to make more ESG allocations
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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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Talanx plays dealmaker in $1bn debt financing of offshore wind farm
13 December 2017Talanx has co-ordinated at least 10 institutional investors to commit €832 million ($980 million) of debt finance for a North Sea wind farm, marking the second time the German insurer clubbed like-minded institutions together.
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Insured losses from Hurricane Maria could reach $85 billion, says AIR
26 September 2017Insured losses inflicted by Hurricane Maria will be between $40 billion and $85 billion, according to catastrophe modelling firm AIR Worldwide.
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Breadth of ESG screening at Talanx touches €100bn mark
02 June 2017Talanx Group has expanded its screening of investments by non-financial criteria to cover 90% of its €110 billion ($123.4 billion) own portfolio, but requested stakeholders be patient as it implements the practice fully, which is "not a sprint".
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Talanx commits to screening investments for ESG issues
15 September 2016Talanx has committed to screening all investments made by the group for environmental, social and governance (ESG) factors as part of a sustainability initiative.
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Talanx makes first solar investment
09 August 2016Insurer Talanx and commercial bank Nord LB have loaned €85.5 million ($95 million) to refinance two German solar farms - marking the insurer's first foray into the solar market.
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Statkraft unveils plans for Europe's largest onshore wind project
23 February 2016Norwegian utility Statkraft plans to build a €1.1 billion ($1.2 billion) onshore wind project, which would be Europe's largest. The project, on the Fosen peninsular in central Norway, will comprise six wind farms with a combined capacity of 1GW.