Tesla, Echoing Musk, Says ESG Metrics Are ‘Fundamentally Flawed’ May 9, 2022 By Saijel Kishan Tesla Inc., whose Chief Executive Officer Elon Musk has criticized ESG for making little sense, said current ways of measuring...
Aspen Becomes 17th Insurer to Stop Insuring Canada’s Trans Mountain Pipeline April 21, 2022 By L.S. Howard Lloyd’s of London syndicate Aspen Insurance has decided to cut ties with the existing Trans Mountain pipeline when its current...
People Moves: TigerRisk Taps RenRe’s Everdell to Lead Casualty; HUB Promotes Chandani for Hospitality Specialty; Fidelis Names Brindle as Head of Sustainability April 19, 2022 This edition of International People Moves details appointments at two brokers, TigerRisk and Hub International, and the insurer Fidelis. A...
Australia Should Force Firms to Report Human Rights Abuses in Anti-Slavery Law: Analyst April 8, 2022 By Matthew Burgess Australia should force companies to report potential human rights abuses as part of a review of its modern slavery disclosure...
New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines April 5, 2022 By Huw Jones A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering...
European Union Lawmakers Agree to Force Foreign Firms to Comply With ESG Rules March 23, 2022 By Frances Schwartzkopff and John Ainger European lawmakers have agreed to force roughly 28,000 foreign subsidiaries to comply with the bloc’s ESG rules, marking a blow...
Marsh Launches ESG Risk Rating to Assess Companies’ ESG Performance March 21, 2022 Insurance broker Marsh announced the launch of its Environmental, Social, and Governance (ESG) Risk Rating, an assessment tool that can...
Everest Re Group Signs UN Principles for Sustainable Insurance January 27, 2022 Everest Re Group Ltd. announced it has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a...
Climate Risk Is Top London Market Challenge, IUA Survey Shows January 27, 2022 The top challenge currently facing London market insurance companies is climate risk, a new survey by the International Underwriting Association...
AllianzGI Creates Unit Focused on Investing in Companies With Measurable ESG Impact January 26, 2022 By Simon Jessop and Elizabeth Howcroft Asset manager Allianz Global Investors, part of German insurer Allianz, said on Wednesday it had set up a new unit...