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UN kills off NZIA and launches multi-stakeholder forum for net zero
25 April 2024The 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.
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Allianz rejected 34 insurance deals in 2023 due to sustainability risks
14 March 2024Allianz's sustainability assessment processes resulted in it not proceeding with insurance transactions for 34 customers last year, according to its 2023 sustainability report.
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Nature is a natural fit for insurers but comes with difficulties, says Zurich director
12 March 2024Putting 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.
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EIOPA proposes four principles to prevent greenwashing in insurance
12 December 2023The European Insurance and Occupational Pensions Authority (EIOPA) has today opened a consultation on its draft opinion on sustainability claims and greenwashing.
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Transition Plan Taskforce releases guidance for financial institutions
14 November 2023The 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.
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Report reveals top insurers of US coal
28 September 2023Global 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.
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Generali and UNDP partner to reduce insurance protection gap
27 September 2023 -
CSRD will change the landscape of ESG data, say UNEP FI panellists
13 September 2023The value of regulation is also championed by the experts
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With a watered-down NZIA, where do insurers' climate commitments stand?
21 August 2023After six of the eight founding members left the Net-Zero Insurance Alliance, Joshua Geer investigates if their ambitions stand
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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.