ESG – Page 24
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NewsCoal Action Network organises climate memorial targeting Lloyd’s
Network spokesperson says ’it is time the insurance industry turns off the money pipeline for coal and dirty fossil fuels’
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NewsAirmic 2021: Not all will survive ‘rocky road’ to economic recovery
Chief executive of Airmic acknowledges global pandemic has altered business landscape pushing firms to adapt in order to survive
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AnalysisInsurers face climate challenges from all sides amid fossil fuel dilemma
As COP26 approaches, insurers’ work to address climate change faces scrutiny while campaigners bid for insurance support to be withdrawn from fossil fuel commercial policyholders
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NewsEU plans to save Covid-stricken economy by easing insurance capital rules
The UK has already begun reviewing Solvency II rules after leaving the EU last December
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AnalysisGreen parts strike environmental and economic gold – so why are insurers holding back?
As the UK focuses on minimising CO2 emissions, the insurance industry can contribute and ’reset the goalposts’ around repair processes and parts manufacturing
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NewsMGAs strive for sustainability while making ‘brave new steps into areas they’ve not been in before’
Broking boss believes that MGAs can help brokers ’win new business’
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IT InterviewCarl Shuker: A-Plan targets commercial rural market gap
Group chief executive further recognises a ‘huge opportunity’ in the broker’s branch network as ‘local businesses still want to deal locally’
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NewsZurich Insurance UK signs three-year green parts deal with vehicle recycling company
The partnership aligns with Zurich’s ambition to ‘embed sustainability across our business’
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FeaturesBriefing: Addressing emerging geopolitical risks is ‘major growth opportunity for insurers’
New Lloyd’s report calls for innovation around insurance for geopolitical risks as it identifies 10 ‘paradigm shift’ factors that could affect whether current cover is still fit for purpose
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FeaturesElectric vehicles prompt drive for data as underwriters define approach
The appeal of electric vehicles is on the rise - as are the numbers of these cars on the roads – but a lack of data and expensive repair costs are testing the industry’s response
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NewsBank of England confirms stress test to examine insurers’ cyber and climate risk resilience
The latest insurance stress test will be launching mid May 2022
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News Analysis‘More to be done’ by insurance industry alongside government’s ‘ambitious’ flood investment plan
Following the publication of the government’s Flood and Coastal Erosion Investment Plan last month, industry commentators explain what the report might mean for the insurance sector
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NewsSwiss Re concerned over increasing extreme weather risks following UK flash floods
Insured damage needs to remain as ’something that is exceptional rather than something that happens as a matter of course’ for the insurance industry to continue providing cover
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NewsLloyd’s launches plan to accelerate UK’s transition to net zero
There is a ‘pressing need for a coordinated global effort to effect monumental transformation’, says insurance taskforce chair
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NewsUK government reveals billion-pound plan to reduce flooding and coastal erosion risk
The proposed measures aim to better protect and ‘provide reassurance to communities and businesses’
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NewsProtestor throws green paint at Lloyd’s building to ‘highlight shameless greenwashing’
Insurance Rebellion members also have insurer Tokio Marine HCC within their crosshairs
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NewsBrokers could play a ‘crucial role’ as insurers brace for claims amid July flash floods
’Continuous real-time modelling’ is essential ’to generate effective early warnings for flash floods’
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IT InterviewGreg Laker: Culture change and obtaining board buy in is ‘key’ for driving sustainability
Those businesses that do not take sustainability seriously will ‘ultimately not form part of the supply chain’, says loss adjuster director
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NewsHouseholder and SME climate change concerns grow but action lacking – Aviva
Only 12% of SME owners have a business continuity plan that includes climate change risks
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NewsAviva unveils seven steps to protect UK homes and businesses from climate change
Aviva’s Adam Winslow says severe floods and storms are an ‘acute reminder’ of how extreme weather is affecting livelihoods
