AXIS Capital Accelerates Its Retreat From Coal Investments and Cover October 21, 2021 AXIS Capital Holdings Ltd. said it will phase out insurance cover and investments in the coal business globally within the...
Banks Demanding Stricter Environmental Criteria When Financing Shipping Companies October 20, 2021 By Jonathan Saul Banks are demanding much stricter environmental criteria when financing shipping companies as investor pressure grows on the sector to accelerate...
Beazley Launches First ESG Syndicate at Lloyd’s October 19, 2021 Specialist insurer Beazley has received in-principle approval from Lloyd’s to launch Syndicate 4321 from Jan. 1, 2022. Once fully approved,...
France’s AXA to Invest €1.5B to Fight Deforestation, Preserve Biodiversity October 15, 2021 French insurer AXA said on Thursday it will invest 1.5 billion euros ($1.74 billion) to support sustainable forest management as...
Riskonnect Acquires ESG Technology Firm ICIX October 8, 2021 Integrated risk management software firm Riskonnect has acquired ICIX, a California-based value chain governance company that helps businesses manage their...
Global Construction Industry Faces Climate Change Challenges, Opportunities: Marsh October 1, 2021 By L.S. Howard Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face...
Insurers Need to Accelerate Exit From Oil & Gas Industry to Meet Climate Goals: Report August 26, 2021 By Tim Quinson For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts...
Guy Carpenter Launches Suite of Climate Advisory and Modeling Services July 9, 2021 Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the launch of a suite of climate advisory and...
PwC to Create 100,000 New Jobs to Help Clients Grappling with ESG Reporting June 16, 2021 By Jessica DiNapoli Accounting firm PwC said on Tuesday it would invest $12 billion over five years to create 100,000 new jobs aimed...
Major UK Asset Manager Divests from Insurer AIG over Climate Policies June 15, 2021 By Alastair Marsh Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming...