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Report points to difficulties in assessing insurance impact of climate change
30 June 2017The build-up of greenhouse gases in the earth's atmosphere is expected to lead to more frequent and intense weather events, but there remains a good deal of uncertainty about the forecasts, according to AIR Worldwide.
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Insurers are bystanders on climate change risk management
19 June 2017Insurers are largely bystanders when it comes to managing climate change risk in their investment portfolios, according to the latest survey by the Asset Owners Disclosure Project (AODP).
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Scientists predict above-average hurricane season
31 May 2017There is a 45% chance that this summer will see more Atlantic hurricanes than usual and only a 20% chance of there being fewer, according to US storm analysts.
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Berkshire's 'huge appetite' for wind and solar assets
08 May 2017Berkshire Hathaway, the holding company of about 70 re/insurance companies globally, has a "huge appetite" for solar and wind power projects, according to chief executive Warren Buffett.
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Allianz rejects calls to expand its coal divestment policy to its asset management and underwriting businesses
04 May 2017Allianz told its annual general meeting (AGM) that it has divested €225 million of ($245.7 million) of coal holdings, but it rejected a call to expand its coal divestment pledge to its asset management and underwriting business.
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Allianz-led consortium acquires UK's largest water-only supplier
02 May 2017An Allianz-led consortium has agreed to acquire the UK's largest water-only supplier, Affinity Water.
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Axa's investment arm follows insurer in coal divestment
25 April 2017Axa Investment Managers (IM) has followed in the footsteps of its insurance arm by committing to divest its holdings in companies that derive 50% or more of their revenues from coal.
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First green bond from an insurer is launched
19 April 2017The first green bond from an insurance company has hit the market. Its proceeds will be used to finance and refinance a green bond portfolio.
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Aviva joins Climate Neutral Now
10 April 2017Aviva has become the first insurance company to join the UN's Climate Neutral Now campaign, committing to maintain its zero-carbon operations status.
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More than a third of insurers looking to increase ESG allocation
07 April 2017More than a third, 38%, of insurers plan to increase their allocation to ESG strategies over the year, according to a survey by AXA Investment Managers (IM).