Cody Dong, senior associate, and Arne Philipp Klug, vice president of MSCI Research, explain how insurers can take steps to reduce the risk of losses from deforestation, land-use change, overfishing, pollution and the introduction of invasive species.
Caroline Elliott-Grey, product manager for UK and Ireland for LexisNexis Risk Solutions, says insurance providers should face up to the winds of climate change and use predictive modelling to mitigate risks.
Aki Hussain, group chief executive of Hiscox, has revealed how a decision to preserve capital over the last few years has paid off with bumper profits at the start of 2023.
Tokio Marine, Sompo and MS&AD have been named by non-government organisations as failing to disclose intermediate targets that were still required, despite their exit from the Net-Zero Insurance Alliance.
Edmund Tirbutt examines what the future holds for the Net-Zero Insurance Alliance (NZIA), a UN-convened body set up two years ago for insurers wanting to cut their carbon footprint and reduce climate change risk.
Coal Action UK campaigners have graffitied Hiscox and Travelers offices this week, demanding the insurers withdraw support for the East African Crude Oil Pipeline project.
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Campaigners have pleaded that Axa ends the expansion of oil and gas production after the insurer revealed it is allowing exceptions for companies it considers to be “in transition”.
Emma Ann Hughes examines how film production insurance has adapted to reflect the new risks associated with producing big summer blockbusters across several countries post-pandemic.
Julia Graham, Airmic CEO, argues the events of last month demonstrate the important of tackling climate risks in both the near and far term.
Aviva and Flood Re have called on Rachel Maclean MP, minister for housing and planning, to ensure planning rules are updated to align with the UK’s legally binding Net Zero targets.
Adam Winslow, CEO of UK & Ireland general insurance at Aviva, says out of sight downsides mustn’t be put out of mind as insurers support Net Zero transition.
The Institute and Faculty of Actuaries has published its Biodiversity and Nature-Related Risks policy as biodiversity loss becomes a top global concern.
Sonya Tolson, chief people officer of McLarens, examines the steps the industry needs to take to have broader appeal while continuing to attract senior adjusters.
Data analysis: An EY survey has reviewed the movements of board members, with insurance showing a higher turnover rate than last year, which might be representative of new focuses within the boardroom.
Following two successful pilots, the Financial Conduct Authority will make its Digital Sandbox available permanently for firms in the insurance sector from 1 August 2023.
Analysis: Fiona Nicolson examines how reclaimed parts have become a vital solution to the ongoing parts shortages affecting body shops and motor insurers.
Arch bosses showing “genuine interest in employee wellbeing” helped the business achieve a four-star rating in this year’s Insurance Post Best Insurance Employer list.
Allianz was rated a five-star place to work in this year’s Insurance Post Best Insurance Employer list, thanks to the provider’s returners programme, trans policy and race at work training.
Each year, Insurance Post asks thousands of employees working across the insurance sector to rate their employer.
Pen Underwriting achieved a four-star rating in this year’s Insurance Post Best Insurance Employers list, with staff praising managers they can respect and trust.
Gallagher received a four-star rating from staff surveyed for this year’s Best Insurance Employers list, with employees praising the business for having “the feel of a family firm.”
Zurich has once again been rated a five-star place to work in this year’s Insurance Post Best Insurance Employers list.
So-Sure appears on the Insurance Post Best Insurance Employer list for the first time after achieving a four-star rating.