Update: List of Insurers Exiting Climate Group Grows, Including Lloyd’s, Tokio Marine May 30, 2023 By Aaron Clark, Nao Sano and Alastair Marsh The list of firms walking out of the Net Zero Insurance Alliance continued to grow this week, adding to an...
Climate Alliance Sounds Alarm on ‘Political Attacks’ on Insurers May 26, 2023 By Tommy Wilkes “Political attacks” are interfering with insurers’ efforts to price climate risks, the Glasgow Financial Alliance for Net Zero said on...
UPDATE: ESG-Bashing Triggers More Defections From Insurer Climate Group May 25, 2023 By Alastair Marsh The world’s biggest climate alliance for insurers has started hemorrhaging members, after Republican attorneys general accused the group of antitrust...
Anti-ESG Rhetoric in U.S. Prompts Urgent Talks as Insurers Quit Climate Coalition May 24, 2023 By Alastair Marsh The world’s biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the...
ClientEarth Challenges UK Court Dismissal of Shell Climate Lawsuit May 19, 2023 By Kirstin Ridley ClientEarth, an environmental law charity turned activist Shell investor, said on Friday it was challenging a London court decision to...
More Insurers Weigh Joint Strategy to Climate Change as They Assess Antitrust Risk May 5, 2023 By Alastair Marsh Insurers are being forced to rethink their approach to climate change as they assess the risk of being sued for...
Markets/Coverages: Munich Re Specialty Offers ‘Green Solutions’ For Customers’ Net Zero Ambitions May 3, 2023 Munich Re Specialty Group, the parent of Munich Re Syndicate, announced the launch of Green Solutions, a portfolio of insurance...
Executive Bonuses in Crosshairs in New CO2 Proposal: ESG Regulation May 1, 2023 By Frances Schwartzkopff Executives will face bonus cuts if the companies they run fail to hit climate transition targets, under a new European...
ESG Backlash Overshadows Power to Drive Better Returns: UK’s Biggest Fund Manager April 27, 2023 By Alastair Marsh The politicization of the acronym ESG risks overshadowing its power to drive returns for shareholders, according to the head of...
EU Lawmakers Back Human Rights, Environmental Checks for Big Companies April 26, 2023 By Huw Jones European Union lawmakers on Tuesday backed rules requiring thousands of large companies to identify and mitigate human rights abuses like...