EU insurance watchdog targets nat cat protection gap
Europe’s insurance watchdog has launched an online platform to analyse the insurance protection gap for natural catastrophes across the continent.
Axa launches specialist training module for risk managers to tackle climate risk
Axa has extended the offering at its Climate School e-learning arm with the launch of a new digital training course to help risk managers better prepare for climate risks to their organisations.
Korean Re faces activist backlash over “loopholes” in new coal restrictions
Korean Re, Asia’s second-largest reinsurance company, has become the latest reinsurer to unveil new restrictions on coverage for coal mining and power plant construction as part of a broader adoption of coal, oil and gas exclusions to reach net-zero targets.
Zurich Foundation to launch Urban Climate Resilience Program
Z Zurich Foundation, the charitable foundation formed by members of Zurich Insurance Group, is set to launch the Urban Climate Resilience Program (UCRP) to support vulnerable urban communities across 10 countries.
RSA launches low-carbon underwriting policy
RSA has launched a new low-carbon underwriting policy which will see the insurer commit to achieving an underwriting portfolio for energy production that is over 75 percent low carbon by 2030.
KCC releases climate-conditioned catalogues for hurricanes, floods and wildfires
Geneva Association: Nature and biodiversity risks present industry opportunity
Howden/Fidelis: Higher ESG ratings lead to improved underwriting performance
Swiss Re agrees carbon removal market standards partnership
FloodFlash and Yokahu partner with Vitesse to speed up parametric payout times
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Howden: Insurers can contribute $2bn of private disaster capacity over next five years
Aegis and Arch rule out East Africa oil pipeline project
NAIC expresses “deep concerns” with US Treasury’s climate data proposal
Scor launches sustainability fund targeting €500mn investment
FCA forms working group to develop ESG code of conduct
IDF’s Liès: COP27 shows insurance to be a driver of systemic change
ABI launches blueprint to improve diversity in insurance
Scor launches debut parametric microinsurance climate cover for Fiji
COP27 takes step forward on resilience drive but emissions progress stalls
Keeping score of ESG
Three global risk pools sign advocacy MoU on parametric insurance model development
WTW and The Nature Conservancy launch first coral reef parametric policy in the US
California unveils Sustainable Insurance Roadmap as state regulator vows to keep cover “available and affordable”
MS Amlin unveils new sustainability strategy and commits to embed ESG in operations
Moody’s: Government support needed for industry to eliminate insured emissions
WTW unveils Indonesian sovereign risk programme to guide low-carbon transition
Global Risk Modelling Alliance selects Pakistan as first partner country
WTW partners with Unicef on parametric climate crisis finance initiative
Liberty Mutual names Gosselin as new global energy and transition risk leader
ABI launches campaign to highlight societal role of insurance