Generali has successfully placed its eighth green bond with institutional investors, securing up to €500mn ($514.7mn) for allocation into eligible climate-related projects.

The “writing is on the wall” for (re)insurers to begin to disclose nature-related risks and opportunities within their underwriting and investment portfolios ahead of the introduction of mandatory reporting requirements, Oliver Wyman’s Rob Bailey has warned.

The influx of European directives over the past 24 months is expected to fuel an increase in cross-border environment-related litigation, with insurers facing a potential increase in D&O and E&O exposures, according to Safine Hadri of Kennedys.

There is a growing focus on embedding resilience and sustainability in insurance claims handling and remediation, from new business requests for information (RFIs) asking how loss adjusters approach waste disposal and recycling, to so-called “green clauses” in policies allowing additional budget to incorporate resilient and sustainable methods and materials.

Specialty (re)insurer Canopius has named Olivia Brindle head of sustainability, effective immediately.

Markerstudy’s near-term and long-term greenhouse gas (GHG) emission reduction targets have been approved by the Science Based Targets initiative (SBTi).

Generali, Allianz and Zurich have topped the 2024 scorecard by Insure Our Future for implementing the most comprehensive fossil fuel underwriting restrictions across 30 global (re)insurers.

The renewable energy market is suffering from a shortage of “credible” lead capacity due to a lack of experienced underwriters and inadequate modelling, according to Julian Richardson, CUO of green solutions at Munich Re Specialty.

Davies Group – including its captive management business, MGA/broker incubation platform and Lloyd’s third-party managing agent Asta – will be focused on rolling out a new culture strategy and beginning to tackle supply chain emissions in 2025 under its new office of responsible business.

The UN Office for Disaster Risk Reduction (UNDRR) has formed a network of corporate chief resilience officers with the aim to embed disaster resilience into businesses.