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EIOPA proposes four principles to prevent greenwashing in insurance
12 December 2023The European Insurance and Occupational Pensions Authority (EIOPA) has today opened a consultation on its draft opinion on sustainability claims and greenwashing.
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COP28: Sovereign sustainability-linked finance task force launched
05 December 2023Eight development banks and financial institutions have launched a technical task force to support the development and growth of the sustainability-linked finance market for sovereign issuers to achieve global climate and nature goals.
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COP28: US insurers propose plan to ensure insurance cover as catastrophes grow
01 December 2023The US National Association of Insurance Commissioners (NAIC) has proposed a national climate resilience strategy to help ensure the availability of property insurance in the face of severe disasters.
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Lloyd's launches framework to assist market in transition to net zero
24 November 2023Lloyd's of London has launched its long-awaited draft roadmap for how the re/insurance market will approach the transition to net-zero emissions.
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IAIS issues consultation on greenwashing and climate scenario analysis
24 November 2023The International Association of Insurance Supervisors (IAIS) has issued a second consultation on climate risk as part of its goal to promote "a globally consistent approach" in the insurance supervision framework.
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$9.5trn group of asset owners calls for 'smarter not more' engagement on climate
16 November 2023A $9.5 trillion group of asset owners has urged their asset managers to set clearer objectives for climate engagement with their investees, as one member called for a 'smarter not harder' approach.
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Phoenix Group: Time for the UK government to form its own transition plan
09 November 2023The UK government would help to catalyse investment in climate solutions if it produced its own transition plan, Phoenix Group has argued.
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IAIS issues 'call to action' to close natural catastrophe protection gap
06 November 2023The International Association of Insurance Supervisors (IAIS) urged supervisors to help the industry close the growing natural catastrophe (NatCat) protection gap, arguing this task is "central" to the work of insurance supervisors.
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Report reveals top insurers of US coal
28 September 2023Global insurers AIG, Liberty Mutual, Lloyd's of London, Swiss Re and Zurich are among the top insurers of US coal mining, according to findings from Insure Our Future and Public Citizen.
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Insurance Risk & Capital Americas 2023: Climate change already making some perils 'uninsurable'
27 September 2023Climate change has been named as one of the biggest headwinds facing the insurance industry by a panel of risk experts, with its effects already making some perils uninsurable.