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

  • Carbon allowances - insurers slowly warm to the net-zero opportunity

    09 December 2021

    The European benchmark price for carbon allowances hit a record high in November, but only one insurer acknowledges investing in them and others seem coy, so far, to deep their toes in, as Vincent Huck finds out.

  • $10trn asset owner alliance urges blended climate finance push

    29 November 2021

    The UN-convened Net Zero Asset Owner Alliance (NZAOA) has urged development finance institutions (DFIs) to better use public-private finance partnerships...

  • Coal campaigners take Carmichael mine fight direct to Lloyd's managing agents

    19 October 2020

    Anti-coal campaigners aiming to stop development of the Australian Carmichael coal mine have targeted managing agents of Lloyd's syndicates in a week of direct phone calls demanding they rule out underwriting the controversial project.

  • QBE anchor investor in Save the Children Impact Investment Fund

    29 September 2020

    Fund reached a AUD 6m first close

  • QBE joins UN Global Compact

    29 September 2020

    Australia's QBE Insurance Group (QBE) has become a signatory of the UN Global Compact.

  • QBE impact investments pass $900m

    17 September 2020

    QBE has almost reached its goal of $1 billion in impact investments by next year, using its Premiums4Good programme.

  • 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.

  • Westpac abandons thermal coal funding in tighter climate policy

    04 May 2020

    Westpac has committed to exit its funding of thermal coal firms by 2030 and to align its financing business to the Paris Agreement, as it launched its updated climate change position statement.

  • Shareholders urge QBE to stop playing with fire

    06 March 2020

    Shareholders coordinated by campaign group Market Forces and investment manager Australian Ethical have co-filed a resolution calling for QBE to align its underwriting and investment activities with keeping global warming below 1.5 degrees.