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...
Kenya Seeks More Crop Insurance to Cover Small Farms from Climate Change Risks February 25, 2021 By Eric Ombok Kenya’s agriculture ministry has opened bids for crop insurance providers to cover more smallholder farmers from the risks and shocks...
UK Prime Minister Warns Climate Change Is Threat to World Security February 25, 2021 By Edith M. Lederer British Prime Minister Boris Johnson warned world leaders Tuesday that climate change is a threat to security of all nations...
AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential February 24, 2021 By Alastair Marsh All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA...