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Human rights groups have issued a complaint to a US mediation body alleging that Marsh has violated OECD guidelines for corporate standards. -
The association showed strong leadership and innovative thinking to increase the number of women on its panel without sacrificing fairness.
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The insurance industry must use its extensive risk management expertise to mitigate the risks of climate change, the chair says.
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Despite improving returns, inflation and the availability of economically priced nat cat capacity remain the biggest challenges facing the sector.
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The company has made a number of senior appointments to help run the unit.
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In a review of financial services firms’ D&I policies that highlighted shortcomings, the regulator said policies need to be holistic, and not generic.
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The government will consult in Q1 2023 on pulling ESG ratings providers into the FCA’s perimeter.
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Several structural factors, including the pricing cycle, make insurers more insulated from US activist states.
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The correlation between a good ESG score and low loss ratio is strongest in property insurance, the report shows.
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The multi-year strategy will target each stage of the employment journey, to encourage inclusive recruitment practices and drive improvement.
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Announcements and interviews at the UN conference have shed light on the tools emerging to help carriers decarbonise their underwriting portfolios.
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Richard Dudley, global head of climate strategy at Aon, says existing products such as IP coverage can help insurers take a leading role in opening up investment for new climate transition technology.
