Climate change
WTW sells Irish arm to GRP; motor premiums hit five year low; Questgates acquires two firms and LV tops new customer experience report
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva report highlights need to 'act now' on UK climate risk
Aviva has published a seven step plan calling on the government and industry to prepare at risk homes, businesses and schools for weather events.
View from the Top video: Tackling climate change - managing emerging risks and reducing carbon
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 William McDonnell, group chief risk officer at RSA, addresses the risk that climate change poses to insurers.
View from the Top video: Climate, catastrophe and insurance – understanding and preparing for the next major systemic risk
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 and sponsored by Verisk, Emma Karhan discussed what steps insurers can take to protect the economy and society from the next big systemic risk.
IGI sets up European subsidiary; Ardonagh establishes Irish data hub; Howden launches climate risk arm; Swiss Re backs BP EV trial
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: A time for the insurance sector to aim higher
With the end of the Covid pandemic edging closer, now is the time for the insurance industry to put its weight behind societal and environmental change, argues Peter Mansfield, RPC partner.
Insurers commit to tackling climate change with launch of net zero alliance
Eight insurers and reinsurers have established a United Nations-convened Net Zero Insurance Alliance as founding members, committing to transition their insurance and reinsurance underwriting portfolios to net-zero greenhouse gas emissions by 2050.
Staysure acquires Rock, Esure joins forces with Minster Law, and Allianz invests in Heycar
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
ABI Climate Change Summit: Past point of stepping away from climate change responsibilities says Direct Line's James
With “trillions in assets”, “billions spent” on supply chain and “millions of customers”, Direct Line CEO Penny James urges the insurance industry is past the point where anyone can step away from their responsibilities in relation to climate change.
Pool Re launches advisory panel to explore public-private collaboration on systemic risks
Pool Re has launched an advisory group to develop recommendations for how the insurance sector can work together with the wider private sector and public sector to guard against systemic risks such as climate change and cyberterrorism.
ABI Climate change Roadmap: £60bn a year could be invested in meeting net zero targets
The Association of British Insurers has set out an ambitious Climate Change Roadmap that could see the UK’s insurance industry contribute one-third of the investment needed to meet the UK’s Net Zero target.
ABI Climate Change Summit: Climate change is 'existential risk' for financial services
Member of Scottish Parliament and the cabinet secretary for finance and the economy Kate Forbes has urged insurers to grab the “once in a generation opportunity” of Cop 26 later this year and put the transition to net-zero at the heart of “everything…
Blog: When climate and credit meet
Sebastien Proffit, Axa Investment Managers' head of portfolio solutions, fixed income, considers approaches for insurers looking to green up their investment strategies.
Insurance Post TV ESG special: Do customers care about how sustainable their insurer is? Featuring Allianz, Parhelion and We Are Guernsey
Today Insurance Post reveals the latest episode of its ‘magazine-style’ television show, which aims to get under the skin of some of the best read stories and articles that have appeared in print or online recently.
Treasury confirms 'strong case' for Solvency II reforms to free up resource and allow UK insurers more flexibility
The government is planning to bring forward reforms to free up resource on insurers’ balance sheets and allow insurers more flexibility around investments as it rewrites the UK’s Solvency II regime.
Parhelion co-CEO Richardson asserts insurers need to move on from a ‘piecemeal’ ESG approach
The co-CEO of the self-proclaimed ‘world’s first sustainable insurer’ has admitted that he regards Parhelion as a “pathfinder” for the industry and hopes others will follow it into fully committing to the environmental, social and governance space…
View from the Top video: Association of British Insurers director general Huw Evans
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 Association of British Insurers director general Huw Evans talks about rebounding and rebuilding as he shares the trade body’s vision of UK Insurance.
Intelligence: CSR is dead, long live ESG
Although environmental, social, and governance issues have been mentioned as far back as 2006 by the United Nations with other sectors seeing it incorporated into their financial evaluations, insurance is only recently picking up the buzzword. Post…
Climate Wise outlines priorities; WTW claims Lloyd's digital first with Ki; AIG publishes ESG report; Freedom secures funding
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
ABI looks to board reform as it names first president
The Association of British Insurers is recruiting an independent chair and independent non-executive director and has selected a president and deputy president for the first time.
Climate-related disruption set to continue at Lloyd's
The Prince of Wales' climate insurance taskforce launch will not put a stop to protesters taking to Lloyd's to demand a swift end to fossil fuel cover, activist groups have told Post.
Carnegie-Brown: Every conversation should be about sustainability, climate and inclusion
Lloyd’s chairman Bruce Carnegie-Brown urged that “every conversation” should be about sustainability, climate and inclusion as the insurance industry partnered with the Prince of Wales for his Sustainable Markets Initiative Insurance Task Force.
Prince of Wales launches sustainable insurance task force; Aviva joins forces with WWF; Ford links up with By Miles; and LV reveals PI panel
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Climate activists take to Lloyd's in 'Father’s Day appeal'
Climate activists today gathered outside 1 Lime Street in the latest of a series of protest actions against fossil fuel underwriting.