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XL's adoption of Axa climate policy will cost €100m in premiums
27 November 2018Re/insurer Axa XL will adopt Axa’s climate policy on both sides of the balance sheet, following the French insurer’s recent takeover of XL Group.
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Generali and VIG accused of insuring Czech coal power plant
05 November 2018Campaign group Unfriend Coal claims insurance deal 'undermines climate change action'
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Generali to acquire French asset manager Sycomore
07 September 2018Italian insurance group Assicurazioni Generali has entered into exclusive negotiations to acquire a majority stake in French asset manager Sycomore.
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Insurers' commitment to ESG "not a fad that is likely to fade"
30 August 2018The trend that has seen insurers pay increasing attention to environmental, social and governance (ESG) risks and opportunities is not a fad, according to a report.
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EU's sustainability taxonomy 'should not meddle with Solvency II capital requirements'
28 August 2018Solvency II capital requirements should be used to measure and capture risks and not as a base to artificially create incentives or disincentives to investing, Europe's insurance lobbying group has said.
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H1 disaster losses well below average, says Swiss Re
20 August 2018Global economic losses from disasters plunged to $36 billion in the first half of 2018 from $64 billion in the same period last year, well below the ten-year average of $125 billion, according to Swiss Re.
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Investors call for tougher sustainability standards for palm oil
16 August 2018Global investors managing about $6.7 trillion have called on the Roundtable on Sustainable Palm Oil (RSPO) to adopt a more robust and effective standard for production of the widely-used vegetable oil.
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Insurers face potential screening by San Francisco for coal and tar sands involvement
27 July 2018City's supervisors approved resolution urging action to be done
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Swiss Re sets thermal coal re/insurance threshold
02 July 2018Swiss Re will, from today, no longer provide re/insurance services to businesses with more than 30% exposure to thermal coal. The group already applies the same 30% threshold to the asset side of its balance sheet.
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UN sets insurance sustainability goals for cities
22 June 2018Insurance Industry Development Goals cover risk management, insurance and investment activities