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The report also found that only 4% of European insurers have people with sustainability experience on their boards. -
As London market carriers encourage parental leave take-up, Insurance Insider explores whether the HR benefit can be a tool to tackle the industry’s diversity issue.
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The Japanese carrier joins the likes of Fidelis, Mapfre and QBE in efforts to go net zero by 2050.
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Arguably the Corporation could find more creative ways to promote its ESG targets, but the reality is that the showy protests are of less relevance than winning boardroom votes.
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The Glasgow Financial Alliance for Net Zero has published for consultation a framework for insurers and banks to create net-zero transition plans.
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The watchdog is proposing rules that would require actuaries to consider climate risks in technical work.
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Competition for business is leading to a rollback in exclusions written into contracts following major loss activity.
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The committee will also assess the work of the Glasgow Financial Alliance for Net-Zero.
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As momentum builds for greater transparency on ESG and net-zero transitions across the insurance ecosystem, brokers are entering an evolution.
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Clients face under-insurance for BI if their coverage is not adjusted to reflect energy price rises.
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A BDA report found that more than 30% of Bermudian carriers have integrated ESG into underwriting.
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The carrier has also disclosed carbon emission breakdowns across its underwriting portfolios, as well as D&I figures for its workforce, in an ESG report.
