World Economic Forum: Allianz CEO Says Europe Must Alter Capital Rules for Climate January 27, 2021 By Simon Jessop European regulators need to overhaul their capital rules to free up insurers to invest more in climate-friendly infrastructure projects, the...
Top Investor Group Including Allianz Warns Firms to Cut Ties to Coal November 9, 2020 By Simon Jessop Some of the world’s largest insurers and pension schemes are warning companies they invest in not to finance, insure, build,...
Employers Asked to Reveal Data to Test Their Diversity Pledges October 16, 2020 By Ross Kerber and Simon Jessop More data disclosure will help investors, employees and customers judge the pledges many American companies have made to diversify their...
$5 Trillion Investor Group Aims to Align Portfolios with Paris Climate Agreement October 13, 2020 By Simon Jessop Thirty of the world’s largest investors managing a combined $5 trillion said on Tuesday they plan to set targets to...
UN Envoy Carney Backs Investors’ Call for Increased Climate Risk Disclosure September 28, 2020 By Simon Jessop United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to...
ESG Industry Booms but Investors Worry Risks Are Piling Up September 10, 2020 By Simon Jessop, Sujata Rao and Tommy Wilkes LONDON— If fund managers are serious about clean investments, they need to get their hands dirty. That’s the view of...
American Companies Facing Pressure to Reveal Data on Diversity of Employees July 6, 2020 By Ross Kerber and Simon Jessop American companies are coming under increasing pressure from investors to publicly disclose information about diversity among employees in the wake...
Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings May 13, 2020 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian...
Insurers Say Forced Payouts for Excluded Virus Losses Risk Destabilizing Industry April 6, 2020 By Simon Jessop World insurers told governments on Monday that making them pay out on losses suffered due to the coronavirus that were...
After Australia’s 2019 Floods, Insurers Begin to Bail, Banks Keep Lending March 16, 2020 By Swati Pandey, Carolyn Cohn and Simon Jessop Only a year after losing their homes to floods in parts of Australia’s north eastern coast of Queensland, people are...