Swiss Re ramps up its internal price on carbon

Several leading European insurance groups - Swiss Re, Generali, Allianz and Aviva Europe - have announced…

Carbon,Insurance

LeapFrog, Allianz X in $30m digital health, insuretech funding round

LeapFrog and Allianz X have participated in a $30 million fundraise by emerging markets digital health…

IMPACT

GISD calls for blended finance fund for increased UN SDGs funding

The UN-convened Global Investors for Sustainable Development (GISD) Alliance has developed more than…

IMPACT,Investment

Allianz: Impact underwriting offers 'double dividend' for investors

German insurance giant Allianz has identified nine areas in which its underwriting activities can help…

IMPACT,Insurance

ESG's negative impact on returns - myth or reality?

A growing number of insurers have announced new or upgraded sustainable investment strategies in recent years. JP Morgan Asset Management and Environmental Finance's sister publication Insurance Asset Risk have joined forces to investigate the drivers behind insurers' sustainable strategies. Vincent Huck reports on the high-level key findings

Australian pension fund to exit coal amid climate announcements

Australian pension fund First State Super has outlined a number of climate change actions and targets,…

Carbon,Investment,Renewables

Green and sustainability-linked loan round-up: CIP, Siemens Gamesa and more

Debt

Insurers' oil and gas activities to be next under spotlight

Re/insurers around the world should limit their support for oil and gas projects and have until mid-September…

Insurance

Many insurers still lack sustainable underwriting policies

Re/insurers shared tips on setting up frameworks for incorporating environmental, social and governance risks in underwriting at a recent UNEP PSI webinar. Cintia Cheong reports

Insurance

Majority of Europe's largest companies still 'failing' in climate reporting

In 2019, more than three quarters of Europe's largest companies were not adequately reporting climate…

ESG

Allianz tightens coal exposure policy

German insurer Allianz plans to exclude companies from its property and casualty (P&C) insurance portfolios…

Carbon,ESG,Insurance

Insurance, pandemics and climate change

Insurers have long been aware of the risks of a global pandemic, but have failed to act. They mustn't make the same mistake on climate change, Peter Bosshard writes

ESG,Insurance,Investment

UN calls for investor action in coronavirus response

The UN has called for some of the world's largest investors to join efforts to tackle the coronavirus…

Investment

European re/insurers at forefront of fossil fuel withdrawal, Moody's reveals

Axa, Allianz, Swiss Re, Munich Re and Zurich have made greater progress than their global peers in reducing…

AllianzGI reveals ESG push in 9,532 company meetings last year

Allianz Global Investors (AllianzGI) put its weight behind better environmental, social and governance…

Equity,Insurance

AllianzGI poaches BlackRock head of sustainable emerging market debt

Allianz Global Investors (AllianzGI) has hired Giulia Pellegrini as senior portfolio manager within its…

Debt,People

BNP Paribas launches global equity carbon offset fund

BNP Paribas has launched a global version of its climate carbon offset plan fund, targeting a reduced…

Carbon,Equity

Nasdaq launches global green, social and sustainability bond platform

Nasdaq has launched an online platform to improve transparency across the green, social and sustainability…

Green Bonds

Sustainability: to regulate or not to regulate?

Financial regulation has a role to play in tackling climate change, but it cannot be a silver bullet. So the time has come for policymakers to step up their game, delegates at the Insurance and Climate Risk conference heard. Vincent Huck reports

Insurance,Policy

Allianz exec refutes suggestion exiting coal is a 'PR stunt'

Allianz's head of regulatory strategy argues divestment is good risk management

Insurance,Stranded Assets