-
Axa sets decarbonisation targets for P&C portfolios
29 June 2023Axa has announced new decarbonisation targets for both its insurance and investment portfolios, as well as publishing its 2023 climate and biodiversity report.
-
30% of insurers' investments highly dependent on nature, EIOPA says
23 June 2023About 30% of Eurozone insurers' investments are highly dependent on nature, according to analysis of about €2.3 trillion ($2.5 trillion) of insurers' investments in corporate bonds and equity.
-
Cut capital charges for blended finance transition funds, EU told
21 June 2023The European Commission has been told it should spur sustainable investments in low- and middle-income countries (LMICs) by reducing the charges incurred by insurers for backing blended finance funds.
-
Guy Carpenter launches new investment structure for climate change insurance
12 June 2023Guy Carpenter and an academic from Queen Mary University of London have outlined a re/insurance structure, partly backed by private investors, "to facilitate improved financial resilience and loss prevention for climate change-related weather risks".
-
IFoA unveils actuarial roadmap for biodiversity and nature related risks
07 June 2023The Institute and Faculty of Actuaries (IFoA) has published an action list for the profession in a bid to boost understanding about biodiversity loss and nature related risks.
-
NZIA exodus continues as Allianz, Axa and Scor depart
26 May 2023Allianz, Axa and Scor have withdrawn from the Net-Zero Insurance Alliance (NZIA), taking the total number of departures from the coalition to seven.
-
Phoenix unveils net-zero transition plan
25 May 2023The UK life insurer sets out five key targets to reach interim targets
-
Chubb: we have "no control" over insureds' emissions
17 May 2023Chubb's board of directors has said it has no control over its insureds' emissions and no basis to know how any change in its underwriting or investment activity would reduce such emissions.
-
Eiopa launches free app to help with physical climate risk modelling
17 May 2023The European Insurance and Occupational Pensions Authority (Eiopa) has launched free software in a bid to help bring climate and natural catastrophe modelling to a wider range of users.
-
Talanx powers down its thermal coal underwriting exposure
02 May 2023Talanx has reduced its thermal coal infrastructure risks by 17.7% as of year-end 2022 compared with a 2019 baseline.