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Allianz X, DWS invest in ESG data provider Arabesque S-Ray
18 July 2019Allianz X, the digital investment unit of Allianz Group, has led the series A funding round for Arabesque S-Ray, a provider of environmental, social, and governance (ESG) data.
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Insurers face rise in management liability claims from climate risks
09 July 2019A rise in climate-related 'directors' and officers' (D&O)' insurance claims could soon materialise, according to experts at a conference organised by law firm Clyde & Co.
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ESG risks increasingly affect insurers' credit profiles
02 July 2019Environmental, social, and governance (ESG) risks increasingly affect insurers' credit profiles, with European insurers more exposed than those in other regions, according to rating agency Moody's.
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Bank of England to stress test UK’s financial system by 2021
21 June 2019The Bank of England will by 2021 conduct a stress test of the UK financial system for resilience to the financial risks posed by climate change, Mark Carney has revealed.
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Munich Re: raise carbon prices to avoid 'extreme human misery'
10 June 2019Munich Re's chief executive Joachim Wenning has called for carbon emission costs to rise by almost fivefold in order to tackle climate change.
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MetLife boosts responsible investments
24 April 2019MetLife, one of the world's largest insurance groups, increased its responsible investment portfolio by about $2 billion during 2018 to more than $52 billion, representing more than 8% of total assets under management.
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California survey reveals rise in insurers divesting from thermal coal
30 November 2018Californian insurers’ coal policies aligned with counterparts in Europe
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Insurers call for integration of climate science with cat modelling
27 November 2018Catastrophe risk modelling could be improved by integrating the latest climate science and a variety of technologies into the modelling framework, according to the Geneva Association.