Joshua Geer

Solar power has a bright future, but factor in climate change, says Swiss Re

Solar operators, investors and insurers must "carefully consult" climate change scenarios to fully understand the future risks and opportunities from solar energy, according to Swiss Re.

Insurers need government and regulators to step up on nature, says UK TNFD engagement lead

Current environment is not conducive for insurers to underwrite and invest with nature in mind

Some 40 insurers set out plans for nature action with UN

The UN's Principles for Sustainable Insurance (PSI) has outlined the "concrete outputs" it aims to produce from its Nature-Positive Insurance (NPI) working group.

UN kills off NZIA and launches multi-stakeholder forum for net zero

The UN Environment Programme (UNEP) has discontinued the Net-Zero Insurance Alliance (NZIA), which suffered an exodus of most of its members in spring 2023 due to antitrust risks.

Allianz rejected 34 insurance deals in 2023 due to sustainability risks

Allianz's sustainability assessment processes resulted in it not proceeding with insurance transactions for 34 customers last year, according to its 2023 sustainability report.

Nature is a natural fit for insurers but comes with difficulties, says Zurich director

Putting capital into nature makes sense for insurers' business models, Danielle Brassel, director of responsible investment at Zurich, has said, but there remain issues before the industry can fully integrate it into their work.

EIOPA proposes four principles to prevent greenwashing in insurance

The European Insurance and Occupational Pensions Authority (EIOPA) has today opened a consultation on its draft opinion on sustainability claims and greenwashing.

Transition Plan Taskforce releases guidance for financial institutions

The Transition Plan Taskforce (TPT) has today unveiled its sector-specific guidance for insurers, banks, asset managers and asset owners in a bid to provide clarity on how firms can interpret and implement the TPT's disclosure framework.

Report reveals top insurers of US coal

Global insurers AIG, Liberty Mutual, Lloyd's of London, Swiss Re and Zurich are among the top insurers of US coal mining, according to findings from Insure Our Future and Public Citizen.

Generali and UNDP partner to reduce insurance protection gap