Lloyd’s of London CEO Neal Calls for Rethink of UN Climate Alliance Rules May 25, 2023 By Tommy Wilkes and Greg Roumeliotis A global climate alliance for insurers needs to make its membership rules less prescriptive or risk falling apart, the boss...
Anti-ESG Rhetoric in U.S. Prompts Urgent Talks as Insurers Quit Climate Coalition May 24, 2023 By Alastair Marsh The world’s biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the...
UN Says U.S. Concerns Have Led to Insurers Quitting Climate Alliance May 24, 2023 The United Nations Environment Programme on Wednesday said “recent discussions within the United States” had been behind four insurance firms...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 9, 2023 By L.S. Howard The rollout of the Lloyd’s cyber war exclusions has received considerable criticism for the chaos and confusion caused in the...
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...
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...
Hannover Re Latest Company to Leave Net-Zero Insurance Alliance April 19, 2023 By Tom Sims and Simon Jessop German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance focused on reducing...
Munich Re Will Not Extend Nord Stream 1 Coverage When It Expires This Year April 6, 2023 Munich Re will not proactively extend coverage for the Nord Stream 1 pipeline when it expires later this year, a...
Germany’s Allianz Does Not Plan to Renew Policy for Nord Stream 1 Project April 6, 2023 German insurance company Allianz said on Wednesday it does not intend to renew a policy for the Nord Stream 1...
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...