ESG – Page 23
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News
Lloyd’s chairman divulges market’s road map to hit net zero
Lloyd’s will be piloting a reporting regime to measure its journey to net zero
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London Forum of Insurance Lawyers hires new president
Foil will continue its work with insurers operating in the London market
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Zurich launches initiative to help flood-stricken customers build back better
The insurer aims to reduce its carbon footprint and help customers that are victims of repeated flooding
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Zurich makes minor move away from underwriting oil and gas
Campaigners demand that Zurich takes ‘more meaningful’ action, but acknowledges progress regardless
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Insurance industry is ‘an important partner’ for Asia’s economies – Singapore finance minister
Singapore has a good base of investment arms
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Majority of insurers believe climate risk will impact investment portfolio – BlackRock
Environmental risk is now considered a serious threat for insurers
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Brokers are ‘at the heart’ of the industry’s push to achieve net zero – LIIBA
Regulators, however, need to be flexible and less demanding for data, says broker body top boss
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Two LV= General Insurance branded bodyshops gain Green Heart status
Just over 75% of the the insurer’s branded bodyshops are now carbon neutral
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Insurance Task Force launches framework to improve disaster resilience
Lloyd’s chair says ‘the global insurance industry has a crucial role to play in addressing the needs of developing countries’
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Sponsored Content
A turbulent time for repairers - what can the industry expect in the next 12 months?
Matthew Stansfield, operations director of motor engineering at Davies, reflects on the challenges arising for repairer networks as the UK emerges from the Covid-19 pandemic
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News
Flood Re chief exec urges focus on ‘Build Back Better scheme’ as ‘resilience is not being prioritised’
Homes need to be built ‘in the right place and in the right way’ to help make them ‘more resilient to rising temperatures and an increased risk of flooding’
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Markel boosts underwriting profits despite hurricane and flood hits
The biggest financial impacts for the insurer were natural catastrophes and the covid-19 pandemic
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Axa’s new oil and gas policy has ‘derailed’ its net zero ambitions – Reclaim Finance
Despite introducing exclusions, the insurer has left a cover loophole, enabling it to continue insuring oil and gas expansions, says NGO
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Axa extends oil and gas exclusions in fight against climate change
The transformation needed to become a low carbon economy ‘can only happen by enabling companies from the energy sector to implement ambitious transition plans’, says insurer chief executive
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Regulators join forces in publishing climate change adaptation reports
The FCA’s responsibilities include evolving its environmental, social and governance strategy
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Analysis
In Focus: Petrol crisis fuels interest in electric vehicles
The push towards a greener future will see electric vehicles increasingly come into play, but the insurance industry still has more to learn about this mode of transport
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Lloyd’s of London joins Net-Zero Insurance Alliance to help curb climate change
Industry collaboration will be vital in ‘turning commitment into implementation and achieving real world outcomes - we have no time to lose’, says climate action champion
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Beazley receives in principle approval to establish ESG-centric syndicate
The syndicate will offer additional capacity to businesses performing well against ESG metrics
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Allianz Insurance launches sustainable procurement charter
Working to combat climate change, the initiative will ‘help develop a shared mindset’ between the insurer and its supplier partners
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Insurance Task Force reveals new Sustainable Products and Services Showcase
Task force members have developed a set of proposals to put before governments and regulators, aiming to combat climate change