-
Lloyd's syndicates seek $500m to cover 'natcat' losses
11 April 2018Lloyd's of London insurance syndicates have asked their capital providers for more than $500 million, and some have also drawn on letters of credit with bankers, to help cover the financial damage from 2017's natural catastrophes (natcats).
-
Natural catastrophes in 2017 hit insurers hard
10 April 2018Insured losses arising from natural disasters soared to $138 billion last year, almost three-times as much as in 2016 and far higher than the average of the past 10 years, according to Swiss Re.
-
Lloyd's criteria for coal divestment fall short, say activists
03 April 2018Lloyd's of London will not invest in companies that get 30% or more of their revenues from coal, generate 30% or more of their electricity from coal, produce 20 million tonnes of coal a year or operate 10GW or more of coal-fired power stations, climate activists said today.
-
Lloyd's chief explains coal divestment decision
24 January 2018Lloyd's of London will implement its coal exclusion policy for future investments from 1 April
-
Insurers reach 'tipping point' on climate change
29 November 2017Concerns about climate change are influencing the underwriting and investment policies of a growing number of insurance companies, finds Graham Cooper
-
Lloyd's issues call to arms to insurers on climate change
23 November 2017A call to action was issued to the insurance sector to step up its efforts to deal with climate change, as it comes to terms with what is expected to be the most costly year on record for natural disasters.
-
Lloyd's announces coal divestment policy
22 November 2017Lloyd's of London has announced it will implement a coal exclusion policy as part of its responsible investment strategy for its central fund.
-
Stranded assets are real threat to industry - Lloyd's
22 March 2017Insurance companies have been warned again about the risk of their assets becoming 'stranded' in the transition to a low-carbon economy, this time by Lloyd's of London.
-
Renewables reach cost parity with fossil fuels, says Lloyd's Register
09 February 2017Low-carbon technologies are often cost completive with fossil fuels and innovation in the sector is gathering pace, according to a report by Lloyd's Register.
-
Premiums 4 Good: redefining the role of insurance in society
07 February 2017An initiative from QBE allows the insurer's customers to opt to have up to 25% of their premiums invested responsibly. Tom Herbstein and Andrew Voysey explain why the initiative is an important development