Archive

  • Coal business resorts to "haphazard coalition" of insurers as giants retract

    10 June 2022

    Financiers and governments at risk if they accept inexperienced underwriters, says Insure Our Future

  • Tokio Marine joins Net-Zero Insurance Alliance

    19 January 2022

    Physical risks from warming a "prudential issue" for Asia's regulators, says Japan's FSA

  • Tokio Marine plans ¥100bn of divestments

    30 November 2021

    Japanese insurer Tokio Marine will divest at least ¥100 billion ($884 million) of equities, including in fossil fuel firms, by its 2023 reporting year as part of its commitment to sustainability.

  • Climate reporting 'more onerous for insurers than Solvency II'

    02 December 2020

    And "numbers on physical risk too scary to disclose" ICR's audience told

  • Sompo is first Japanese insurer to introduce restrictions on coal

    23 September 2020

    Sompo has become the first Japanese insurer to introduce restrictions on its involvement with coal, although environmentalists argued its policy comes with "significant loopholes".

  • Insurers' oil and gas activities to be next under spotlight

    18 June 2020

    Re/insurers around the world should limit their support for oil and gas projects and have until mid-September to explain the measures they are taking to reduce exposure to the sector, according to environmental NGOs.

  • Japanese firms inaugurate TCFD consortium

    28 May 2019

    A consortium of companies has been formed in Japan to help implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

  • Environmentalists slam US insurers for backing coal

    03 December 2018

    Asia-Pacific firms fare slightly better; Swiss Re and Axa earn top marks

  • New fund planned for Japanese 'mega-solar' projects

    12 August 2014

    Mitsui & Co. Plant Systems (MPS) and Tokio Marine Asset Management Co. are teaming up to launch a ¥7.7 billion ($75.2 million) Japanese 'mega-solar' fund.

  • Major insurance players pledge to tackle climate change

    23 May 2014

    A group of 66 insurance firms has committed to a set of principles laid down in a bid to fight climate-related risks and "promote stability in the global economy".