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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.
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Insurance Risk and Capital Americas 2023: US anti-ESG backlash is 'political risk', insurers say
27 September 2023US politicians have hijacked the ESG debate, making the job of insurers to manage their climate risk much more difficult, according to panellists at the Insurance Risk and Capital Americas 2023 conference.
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UK regulators propose rules on diversity and inclusion
26 September 2023The UK's financial regulators have issued consultations on improving diversity and inclusion (D&I) in financial industries, an issue that is "important to governance and firm-wide culture" and supporting effective risk management.
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Lloyd's pledges sustainability guidance by end of the year
22 September 2023Lloyd's of London has said it aims to unveil guidance on embedding environmental, social and governance (ESG) factors into underwriting and investments by the end of this year.
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'Uninsurable' assets is 'direction of travel' amid extreme weather
11 September 2023ABN Amro has warned that assets are increasingly becoming "uninsurable" due to the impact of extreme weather caused by climate change, as insurers respond to rising loss risk by hiking premiums and reducing exposure.
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Axa chief: NZIA disintegration marks 'a sad chapter'
04 August 2023Axa's chief executive Thomas Buberl has described the exodus of insurers - including Axa - from the Net-Zero Insurance Alliance (NZIA) "as a sad chapter".
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'More crosses than checks' for insurers in analysis of regulatory disclosures
25 July 2023US insurers fall short in measuring climate risks and setting targets to mitigate these, with "more crosses than check marks" given to insurers in an analysis of disclosures to US regulators.
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Better data 'will unlock insurance and investment in natural capital projects'
11 July 2023A lack of timely and reliable data has deterred investment in, and insurance of, nature-related projects, the head of a nature technology collective has claimed.
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NZIA ditches all emissions targets for insurers
06 July 2023The Net-Zero Insurance Alliance (NZIA) has scrapped all requirements for member firms to set and publish emissions reduction targets following a mass exodus of members in recent months.
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Franklin Templeton launches two sustainable ETFs
05 July 2023Franklin Templeton has launched two ETFs, focusing on sustainable food and healthcare.