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Folksam CIO: "There is simply no reason not to continue investing in green bonds"
09 October 2017Michael Kjeller, chief investment officer of Swedish pensions and insurance provider Folksam, discusses his firm's decision to raise its target for green bond investment
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Insured losses from Hurricane Maria could reach $85 billion, says AIR
26 September 2017Insured losses inflicted by Hurricane Maria will be between $40 billion and $85 billion, according to catastrophe modelling firm AIR Worldwide.
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Folksam buys more green bonds and doubles investment target
13 September 2017Sweden's Folksam has acquired $350 million of green bonds from the International Finance Corporation (IFC), the private sector arm of the World Bank.
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Insurers count the cost of Harvey and Irma
13 September 2017Insurers and their shareholders are breathing a sigh of relief after Hurricane Irma's change of course over Florida resulted in less damage than had been feared.
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Report points to difficulties in assessing insurance impact of climate change
30 June 2017The build-up of greenhouse gases in the earth's atmosphere is expected to lead to more frequent and intense weather events, but there remains a good deal of uncertainty about the forecasts, according to AIR Worldwide.
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Folksam raises green bond investment limit
21 February 2017Swedish insurance and pension provider Folksam has raised its green bond investment limit to SEK12 billion ($1.3 billion) having already invested SEK7 billion in the asset class.
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Flood Re reveals contrasts in UK insurers' flood modelling
13 February 2017Britain's flood reinsurance programme has exposed insurers' ability to model and manage flood risk, as Flood Re's chief actuary Gary McInally discusses with Christopher Cundy
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Swiss Re reinsures China's most populous province against natural disaster
28 October 2016Swiss Re will reinsure 10 prefectures of Guangdong province, in partnership with the Chinese government's People's Insurance Company of China (PICC), by the end of the year.
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French institutions invest in €425m green energy infrastructure fund
25 August 2016French insurer CNP Assurances and asset manager Meridiam have raised €425 million ($480 million) for a fund that will invest in sustainable energy projects.
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Legal and regulatory risks could dominate climate costs for insurers, says S&P
05 May 2016The direct costs of climate change to insurers may be outweighed by reputational, regulatory and litigation costs, a report from Standard & Poor's suggests.