Climate Change Could Cut 63 Countries’ Credit Ratings by 2030: University Study March 22, 2021 By Marc Jones LONDON – A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half...
Securities, Commodities, Insurance Regulators Face Climate Issues March 18, 2021 By Don Jergler The Connecticut Legislature’s Insurance & Real Estate Committee held a public hearing this week on what is believed the country’s...
‘Green’ Investment Funds Less Vulnerable to Climate-Related Shocks: EU Watchdog March 17, 2021 By Huw Jones Funds investing in “brown” or polluting companies would be hit far harder than environmentally friendly “green” funds in a climate-related...
Swiss Re Announces Net-Zero Climate Targets in Underwriting, Investments March 16, 2021 Swiss Re announced new measures to support the transition to a net-zero economy by 2050, which encompass re/insurance underwriting, asset...
Hundreds of Flights Canceled During China’s Worst Sandstorm in Decade March 16, 2021 BEIJING – China’s capital and a wide swath of the country’s north were enveloped Monday in the worst sandstorm in...
France’s AXA Drops German Power Giant RWE as a Client over Large Coal Operations March 12, 2021 By Alastair Marsh and Vanessa Dezem AXA SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights...
Canada’s Trans Mountain Pipeline Wants to Keep Insurers Secret from Project Protestors March 11, 2021 By Robert Tuttle Trans Mountain Pipeline LP is petitioning to keep the insurers of its controversial Canadian oil sands pipeline confidential as environmental...
French Retailer Sued over Amazon Deforestation Linked to Cattle Raising March 5, 2021 PARIS – Environmental groups and indigenous activists from the Amazon region filed a lawsuit Wednesday in a French court alleging...
Climate Change Activists ‘Welcome’ AIG CEO Zaffino; EU Urges More Insurance March 4, 2021 By Don Jergler Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic. The Atlantic Meridional Overturning...
UK Insurer Aviva Plans to Become Net-Zero Carbon Emissions Company by 2040 March 1, 2021 British insurer Aviva plans to become a net zero carbon emissions company by 2040, it said on Monday, claiming this...