From ‘laggard’ to ‘leader’ as AIG commits to stop supporting fossil fuel expansion
Campaigners said AIG has vaulted itself from “laggard” to leader in the US as it committed to no longer invest or underwrite new coal-fired power plants, thermal coal mines or oil sands.
On Tuesday, AIG published a commitment to reach net zero greenhouse emissions across its underwriting and investment portfolios by 2050 or sooner, and committed to 100% renewable energy for the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
Axa UK GI records £103m underwriting loss in 2023
Axa’s UK general insurance company made a £103m underwriting loss in 2023, accounts filings have revealed.
How to quickly launch an insurance product
How to spot a gap in the insurance market and move swiftly to produce a product to fill it is tackled by Vicky Rowlay, VP, national director for business transformation at Arch Insurance, in the latest Insurance Post Top Tips video.
Dagenham blaze highlights ongoing high-rise fire safety problems
After a fire tore through a multi-storey building in Dagenham, East London, insurers have observed new notifications regarding building fire safety defects continue to trickle in, and cladding problems highlighted by the Grenfell Tower blaze remain.
Ecclesiastical pries Carey away from Allianz
Ecclesiastical has appointed Allianz’s Dave Carey as managing director of its intermediary business.
Hot works – how not to get burned
Risk improvement can boost an insurer’s bottom line and help customers avoid damaging and disruptive incidents. However, RiskSTOP’s Lisa Beaton finds underwriters’ risk requirements are not always valued, and that one intervention presents a particular challenge
Insurance commission: What’s the big deal?
Following the launch of a campaign by a group of tenants who feel they have been unfairly charged by their landlords for insurance commissions through service charge, David Marsden, property litigation partner at national law firm Freeths, defends landlords and brokers.
How ‘Baby Reindeer’ and streaming services are affecting insurance
As the way we consume media changes, Scott McGee considers how the furore over Baby Reindeer, and changing nature of the content we watch has had an impact on insurance.
Hiscox chair and wife among missing yacht passengers
Hiscox chair Jonathan Bloomer is among six people missing following the sinking of a superyacht of the coast of Sicily on Monday.