Insurance

More policy needed for city-level climate adaptation strategies, says Zurich

Manulife IM: There's a long way to go on nature data

Manulife is beginning to look for new nature investment opportunities but has told Environmental Finance why it is rejecting the use of large datasets and nature footprinting.

Insurance industry 'not ready' for incoming nature risks, says Aviva

The insurance industry is "not ready" to deal with some of the physical impacts of the nature and climate crises, UK insurer Aviva has warned, calling for urgent education for governments and customers.

EIOPA urged to include transition risks in solvency requirements

NAIC defends climate work against political questioning

The National Association of Insurance Commissioners (NAIC) has defended its work on climate-risk and resilience-related efforts against questioning from US politicians focused on the crisis in the country's property insurance market.

Zurich to drop oil and gas producers lacking credible transition plans by 2030

Zurich has unveiled its 2024 climate transition plan that sets interim targets and the strategy to achieve net-zero by 2050 across its insurance business, investments and operations.

'Unlock renewables investment' by freeing up insurers to invest in infrastructure equity

Investment in renewables could be "unlocked" if it was made easier for insurers to invest in infrastructure equity, Schroders Greencoat has claimed.

Australia's prudential regulator to 'raise expectations' on climate risk management

Swiss Re launches 'first-of-its-kind' carbon credit insurance

Swiss Re Corporate Solutions supports insurance for long-term carbon credits

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

AXA Climate to launch forestry insurance

Insurers facing issues in quantifying nature risk

Incorporating nature and biodiversity risks into the Solvency II own risk and solvency assessment (Orsa) presents challenges for insurers due to mismatching timeframes and lack of data, according to ASR.

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.