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Severe natural catastrophes in 2017 leave Europe's non-life insurers nursing losses
06 September 2018Last year's spate of severe natural catastrophes caused Europe's non-life insurers cumulatively to make a loss from covering property damage.
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German insurers warn against ESG goals diluting Solvency II
01 August 2018German insurers have warned the European Commission (EC) against formulating inflexible rules around ESG investing as part of its 'action plan' for boosting such allocations.
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Don't regulate us on climate change, say insurers
27 July 2018Watchdogs should not create a separate sphere of rules for insurers to combat the risks of climate change, underwriters have told the peak global supervisory association.
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73% of German insurers' investments are 'sustainable'
27 June 2018Almost half want to make more ESG allocations
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QBE commits A$100m to impact investing
22 May 2018QBE Insurance Australia, the domestic arm of Australia-based underwriter QBE, is to invest A$100 million ($75.2 million) to impact investing globally, via instruments such as green and social impact bonds.
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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).
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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.
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Axa eyes further divestments from carbon-intensive energy
22 February 2018Axa became the second major European insurer in as many weeks to address the contentious topic of underwriting fossil fuel production at its annual results.
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Allianz sees dialogue as means to reach 'zero coal'
16 February 2018Underwriter was forced to defend insuring fossil fuels at full-year results
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ASR collaborates with bank on €600m sustainable lending mandate
05 February 2018Dutch insurer ASR and Triodos Bank are to jointly lend €600m ($748m) to environmentally and socially aware businesses.