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Three Japanese insurers invest in renewable energy power stations
03 February 2020This will be Japan's first commercial offshore wind farms
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The Hartford announces coal divestment policy
24 December 2019US insurer The Hartford will no longer invest in companies that generate more than 25% of their revenue from fossil fuels, whether it be the mining of, or energy production from coal, or extraction of oil from tar sands, according to its new policy.
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Sustainable investing top priority for insurers
17 December 2019Sustainable investing is a top priority for global insurance companies, Schroders' third annual Institutional Investor Study has revealed.
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Market valuations are not pricing climate risk
13 December 2019Nearly nine in ten (87%) of investors do not believe markets are consistently and correctly pricing climate risks into company and sector valuations.
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Hannover Re backs impact fund for natural disasters
09 December 2019Hannover Re is backing a novel impact fund that aims to mitigate losses arising from natural disasters in developing countries.
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Varma updates its climate policy for investments
22 November 2019Finnish insurer Varma Mutual Pension Insurance Company (Varma) has updated its climate policy for investments and aims for a carbon neutral portfolio by 2035.
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CNP Assurances plans to double green investments by 2023
20 November 2019French insurer CNP Assurances said it intends to double its assets under management (AuM) in green investments by 2023 and accelerate its divestment from thermal coal.