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Cat bond market hits record highs despite Covid-19 hit
28 April 2020The first quarter of 2020 saw record levels of catastrophe (cat) bond issuance in the insurance-linked securities (ILS) market, despite the impact of the Covid-19 pandemic, according to an Aon Securities report.
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Generali launches the first green ILS framework
26 February 2020Italian insurer Generali has issued a framework for issuing "green" insurance-linked securities (ILS) that will allow it to invest in sustainable assets and underwriting.
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Climate change "an important factor" in reinsurance renewals
06 January 2020The impact of climate change was "an important factor" during negotiations on the price of retrocession agreements in the 1 January renewals, according to Guy Carpenter.
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Talanx finds little value in ESG investing - but for surprising reason
21 November 2019German re/insurer reveals correlation between market risk and ESG score
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Eiopa sets expectations on insurers to take climate action
01 October 2019Opinion on sustainability in Solvency II acknowledges challenges to integrating climate change risk
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Generali becomes first EU insurer to issue a green bond
24 September 2019Italy’s Generali has become the first EU insurer to issue a “green bond”.
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UK regulator advises insurers on physical risks from climate change
22 May 2019The UK's Prudential Regulation Authority (PRA) has collaborated with the insurance industry to produce a framework to help general insurers understand the potential financial impacts from physical climate change risk.
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2018 cat losses will be far worse than early estimates, says JLT Re
28 January 2019Total insured catastrophe losses for 2018 will be significantly higher than the $80 billion -90 billion reported by Swiss Re, Munich Re, Aon and others, according to broker JLT Re.
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Environmental concerns top World Economic Forum's risk lists
16 January 2019Environmental risks have once again dominated the World Economic Forum (WEF) lists of the most likely and impactful risks facing the world.
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European insurers to face climate stress tests in 2020
15 October 2018The European Insurance and Occupational Pensions Authority (Eiopa) is set to include climate change and sustainability risks in its 2020 stress test for insurers.