Climate Wise wants “sooner rather than later” targets

Allianz UK boss and chairman of insurer lobby group ClimateWise, Andrew Torrance has said: “The government needs to get much more specific on how it will grow renewable-energy supplies,” the Times reports.

ClimateWise wants the government to agree to cut emissions by 40% by 2020.

The two big floods in 2007 wiped £70m off Allianz’s bottom line, Torrance said. “The 2050 target is too far away for businesses to think about,” he said. “Chief executives want commitments that can be met sooner rather than later and a firm plan for how to meet those commitments.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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