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People Moves, 25 July: Robeco, 500 Global, BII, Tokio Marine GX ... and more

Tokio Marine's green underwriting specialist targets $1bn revenues

A green insurance specialist launched by Tokio Marine is targeting $1 billion in revenues within five years, as businesses decarbonise or transition to a greener economy.

People Moves, 30 May: Railpen, ImpactA Global, ING ... and more

Tokio Marine launches 'green transformation' underwriting business

Insurers hope to put the credibility into carbon credits

Voluntary carbon credits are seen as a core element to future corporate climate commitments, and insurers are stepping in to bolster the confidence of buyers and sellers. Joshua Geer reports

Emerging economies face increasing risk of flooding and waterborne diseases

Coal business resorts to "haphazard coalition" of insurers as giants retract

Financiers and governments at risk if they accept inexperienced underwriters, says Insure Our Future

Tokio Marine joins Net-Zero Insurance Alliance

Physical risks from warming a "prudential issue" for Asia's regulators, says Japan's FSA

Tokio Marine plans ¥100bn of divestments

Japanese insurer Tokio Marine will divest at least ¥100 billion ($884 million) of equities, including in fossil fuel firms, by its 2023 reporting year as part of its commitment to sustainability.

Climate reporting 'more onerous for insurers than Solvency II'

And "numbers on physical risk too scary to disclose" ICR's audience told