Archive

Aviva Capital Partners to inject £20m into low-carbon modular housebuilder

Aviva's Capital Partners (ACP) is to invest £20 million ($24.9 million) into the equity of TopHat, a manufacturer of modular, low-carbon homes, to finance a new factory employing 1,000 workers.

ECB and EIOPA call for EU wide natural disaster insurance scheme

The creation of a pan-EU public scheme for "less frequent, large-scale disasters" could complement existing insurance offerings and contribute to closing the climate insurance protection gap, two major European supervisors have said.

Beneva becomes first North American insurer to join NZIA amid turbulence

Moody's: NZIA departures erode alliance confidence, regardless of antitrust exposure

The exit of large founding members could erode confidence in the Net Zero Insurance Alliance (NZIA), even where US antitrust risks are not a material factor, according to the rating agency Moody's.

Hannover Re also parts ways with the NZIA

Hannover Re has left the Net-Zero Insurance Alliance (NZIA) becoming the third re/insurer to depart the alliance in the last four weeks.

Final days to apply for EF's Sustainable Investment Awards

Entries to Environmental Finance's annual Sustainable Investment Awards are open until 14 April 2023, which means this week is the last chance to apply.

Zurich follows Munich Re in withdrawing from the NZIA

Zurich has become the second founding member to withdraw from the Net-Zero Insurance Alliance (NZIA) only days after Munich Re's departure from the alliance.

Munich Re leaves the NZIA, citing antitrust concerns

Munich Re has discontinued its membership of the Net-Zero Insurance Alliance (NZIA), a coalition of insurers that have committed to cut their underwriting and investment portfolios to net-zero emissions by 2050.

Insurers' 'failed' climate engagement strategy draws new demands from campaigners

Insurers' climate engagement strategies are failing as major oil and gas producers show no sign of adopting credible net-zero pathways, according to climate campaigners.

We need a safe space to disclose transition plans, says Aviva's Amanda Blanc

Aviva's chief executive Amanda Blanc has urged regulators to create a "safe environment" for insurers to publish their plans for how they will transition to net-zero emissions without fear of reprisals.