Zurich Exits Insurance Climate Alliance, Days After Munich Re April 6, 2023 By Alastair Marsh Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second...
Companies That Form Global Climate Alliances Need Antitrust Guidance: Experts April 5, 2023 Global companies that form alliances to help them to tackle climate change need clear “safe harbor” guidelines from governments to...
Leading Investor Group NZAOA Toughens Stance on New Upstream Oil & Gas Projects April 3, 2023 The Net Zero Asset Owner Alliance (NZAOA) said on Wednesday [March 29] it expects members to make no new direct...
Munich Re Exits Insurance Climate Group, Citing ‘Material’ Legal Risks April 3, 2023 By Laura Malsch and Alastair Marsh Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says...
Activist Group Calling for Immediate Halt to Insuring Fossil Fuels March 30, 2023 By Don Jergler A letter to the world’s insurance companies from a climate activist group calls on the industry to immediately stop insuring...
Climate Activists Tell Insurance CEOs to Stop Covering Carbon Projects ‘Immediately’ March 28, 2023 A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects...
‘Climate Time Bomb Ticking’, Warns UN Chief, Urging Faster Cuts to Emissions March 20, 2023 By David Stanway U.N. Secretary General Antonio Guterres warned that the “climate time bomb is ticking” as he urged rich nations on Monday...
SoCal Storms, Back-to-Back Hurricanes in South Central Part of New Normal? March 2, 2023 By Don Jergler A new AM Best commentary on the latest winter storm to hit Southern California drives home the growing risk and...
Poll: Almost Half the Nation Thinks Climate Change is Here and Now February 16, 2023 By Don Jergler Nearly every other American believes that people in the U.S. are being harmed by global warming right now. It may...
Group of Institutional Investors Back Lawsuit Against Shell’s Board Over Climate Risk February 9, 2023 By Kirstin Ridley A group of European institutional investors is backing a novel London lawsuit against energy giant Shell’s board over alleged climate...