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...
Insurer Group Concerned Over FIO Climate-Related Data Collection Effort May 4, 2023 By Don Jergler The National Association of Mutual Insurance Companies is airing concerns over what the group calls a “duplicative data call” issued...
TotalEnergies Sues Greenpeace Over Emissions Report May 4, 2023 By America Hernandez French oil major TotalEnergies has sued environmental group Greenpeace France and climate consulting firm Factor-X over a report claiming the...
Banks and Insurers Increasingly Move Away From Coal: Report May 4, 2023 Banks and insurers are more frequently adding coal exclusion policies to their investments while those with existing policies are toughening...
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...
Here Are 5 Products Offered by Financial Services Providers to De-Risk Heat Waves May 3, 2023 By Aaron Clark and Taiga Uranaka Climate change-driven heat waves are impacting everything from nuclear reactors in France to glaciers in Pakistan. As millions of people...
Methane-Tracking Satellites Catch Polluters May 2, 2023 By Aaron Clark Think of them as speed cameras, but for methane. Just like roadside instruments used to identify drivers breaking traffic rules,...
Scientists Probe Sudden Spike in Ocean Temperatures May 2, 2023 By Seth Borenstein The world’s oceans have suddenly spiked much hotter and well above record levels in the last few weeks, with scientists...
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 Regulators Set Out Ideas to Help Plug Climate ‘Insurance Gap’ April 24, 2023 By Huw Jones Issuing “catastrophe bonds” and setting up public-private partnerships could help plug the “insurance gap” to better cover damage from climate...