ESG – Page 7
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NewsProperty claims for flood damage significantly drop
Industry commentators believe the decrease boils down to work done by the UK government and flood resillience schemes
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News AnalysisClimate trends drive ‘underwriting performance volatility’ – AM Best
This trend may impact reinsurance availability and costs, which insurers are already struggling with
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NewsBackchat April 2023
Blanc speaks about misogyny on BBC Radio Four’s Desert Island Discs, a managing director runs a marathon and one Insurance Times journalist is in a play. You heard it here first…
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NewsIdentifying leading insurers in ESG is a challenge for brokers – GlobalData
Brokers do not look to ESG when considering trading relationships, however
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NewsLexisNexis Risk Solutions launches new weather datasets amid ‘changing risk landscape’
’We are seeing a changing risk landscape with climate change affecting weather patterns across the UK,’ says product manager
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News AnalysisBriefing: Finally, an opportunity that is truly sustainable
Broker report flags emerging opportunity for London market firms – but competition could be fierce
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NewsInsurance firms have ‘duty to act ethically’ over green finance – CII
The Chartered Insurance Institute has published a guide on how the sector can take action
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NewsInsurers plan for significant growth in sustainable energy market
’Respondents displayed a bullish appetite for it,’ says statement
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News AnalysisBriefing: Changing climate now stretching industry’s ability to offer cover
The sector must steel itself for the response of insureds it can no longer afford to protect
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NewsBenefact Group launches EV scheme as part of drive to net zero
The initiative will enable employees to commute ‘with much less impact on the environment and our communities’, says managing director
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NewsOxbow Partners achieves B Corp status
The firm’s co-founding partner says Oxbow Partners is ’proud to be recognised as a business that puts our people and the wider community before profit’
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NewsConvex backs aviation MGA as it prepares for takeoff
’Tackling sustainability and safety in aviation are among the greatest responsibilities of the insurance market,’ says head of aerospace
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NewsIndustry cannot be expected to foot climate bill – Swiss Re
‘Holistic adaptation roadmaps that cut across all levels of society and sectors are vitally needed,’ says UK and Ireland chief executive
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NewsNearly one in five SMEs cutting insurance cover – Allianz
This development ’raised the risk’ of underinsurance, says insurer
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NewsSummer 2022 heatwave saw surge in subsidence payouts – ABI
Insurers are expected to pay £219m in subsidence claims for 2022 caused by last summer’s ’record breaking high temperatures’, says association
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NewsActivists hold fossil fuel protest at Lloyd’s of London
’Underwriting dangerous fossil fuel projects puts children at risk’, according to a Mothers Rise Up activist
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NewsFlood Re completes East Peckham pilot to score properties’ flood resilience
The reinsurance scheme hopes its new flood resilience scoring could help underpin future insurer pricing
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NewsBank of England warns insurers of capital ‘uncertainty’ over climate risks
The regulator warned the ’uncertainty represents a risk appetite challenge for micro and macroprudential regulators’
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NewsZurich UK launches resilience service amid growing threat of extreme weather events
‘We have invested in new technology and expertise to help customers assess the physical consequences,’ the head of Zurich’s Resilience Solutions said
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NewsUK’s most populated cities could see spike in risk of major flooding events
Flood Re says the findings ’support all the existing research on the impact of flooding in the UK’
