EU Weighs Measures to Bring Financial Sector into Line with Its Climate Plans: Sources June 30, 2021 By Huw Jones The European Union is considering a wide range of measures to bring the bloc’s financial sector into line with its...
Prince Charles Launches Partnership with Insurance Industry to Tackle Climate Change June 24, 2021 His Royal Highness the Prince of Wales launched his Sustainable Markets Initiative (SMI) Insurance Task Force during a visit today...
Czech Utility CEZ Manages to Find Insurance After 2 Providers Exit from Coal Coverages June 21, 2021 PRAGUE — Czech utility CEZ said on Friday [June 18] it had found alternative insurance for its coal-fired power plants...
UK Struggles to Adapt to Impact of Climate Change June 18, 2021 By Jessica Shankleman The UK is struggling to put in place adequate measures to deal with rising sea levels and warmer temperatures caused...
Is a Climate Change-Driven ‘Megadrought’ Looming over Parts of U.S.? June 17, 2021 By Don Jergler The Western U.S. could be in for a wild ride thanks to climate change. That’s the brunt of the buzz...
Major Reinsurers Look to Exclude Coal from Treaty Policies, as Climate Pressure Grows June 17, 2021 By Carolyn Cohn and Simon Jessop Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global...
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...
Keystone XL Oil Pipeline Is Terminated After Years of Climate Activism June 11, 2021 By Jennifer A. Dlouhy TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that...
Bank of England Launches Climate Change Stress Test for Insurers, Banks June 8, 2021 By Huw Jones The Bank of England on Tuesday set out its first comprehensive stress test of the ability of the British financial...
Willis Towers Watson Collaborates on Hurricane Insurance for Endangered Coral Reef June 4, 2021 Insurance broker Willis Tower Watson announced the launch of a multinational partnership to develop and implement insurance solutions that help...