Archive

'World first' parametric wildfire insurance deal inked

A deal in California aims to incentivise sustainable forest management to prevent wildfire risk, and could be replicable across the globe. Genevieve Redgrave reports

Major US insurer stops investing in or insuring coal

Chubb's decision reflects the increasing risks in the coal sector as a result of efforts to tackle climate change, argues Dave Jones

People Moves: BMO Global Asset Management, ClimateWorks Foundation, Japan's Financial Services Agency, Rockefeller Capital Management, Global Parametrics, Refinitiv, Aviva Investors, FIM Asset Management and S-Bank Wealth Management

California's new insurance regulator echoes Dave Jones on climate issues

California's new insurance commissioner has followed in the footsteps of his predecessor Dave Jones, by linking the state's recent forest fires to "the threat of climate change".

California survey reveals rise in insurers divesting from thermal coal

Californian insurers’ coal policies aligned with counterparts in Europe

Free climate scenario tool launched

A free-to-use online tool has been launched to help investors identify climate transitions risks in equity and fixed income portfolios over multiple future scenarios.

Will insurers keep up with the Jones?

California's Insurance Commissioner Dave Jones has been threatened with US lawsuits for his efforts to act on climate-related risks. Undeterred, he hopes his work can now drive international action, he tells Michael Hurley

California conducts US insurance investment climate risk study

California's insurance commissioner Dave Jones has conducted a state-wide climate risk analysis of insurance companies' investments in fossil-fuels, making it the first US financial regulator to carry out this kind of test.

Insurance supervisors support climate risk disclosure guidance

Insurance supervisors and regulators in 16 jurisdictions have welcomed guidance on climate change risk disclosure developed by the Task Force on Climate-related Financial Disclosures (TCFD).

Lawsuit threats will not deter Californian commissioner on coal divestment

Commissioner Dave Jones reveals the number of legal-action threats received since he launched a Climate Risk Carbon Initiative