Update: List of Insurers Exiting Climate Group Grows, Including Lloyd’s, Tokio Marine May 30, 2023 By Aaron Clark, Nao Sano and Alastair Marsh The list of firms walking out of the Net Zero Insurance Alliance continued to grow this week, adding to an...
Climate Alliance Sounds Alarm on ‘Political Attacks’ on Insurers May 26, 2023 By Tommy Wilkes “Political attacks” are interfering with insurers’ efforts to price climate risks, the Glasgow Financial Alliance for Net Zero said on...
UPDATE: ESG-Bashing Triggers More Defections From Insurer Climate Group May 25, 2023 By Alastair Marsh The world’s biggest climate alliance for insurers has started hemorrhaging members, after Republican attorneys general accused the group of antitrust...
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...
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...
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...
Richemont Builds Digital Platform to Help Police Fight Watch, Jewelry Theft March 31, 2023 By Thomas Mulier Richemont is building a digital platform to help police forces worldwide fight theft of luxury watches and jewelry. The platform...
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...
Credit Suisse’s Catastrophe Bonds Should Outlive the Bank: DBRS Morningstar March 27, 2023 By Lucca de Paoli Bonds designed to insure Credit Suisse Group AG against disaster could outlive the bank. Credit Suisse’s Operational Re bonds, insurance-linked...