ESG

Claims from recalls due to lithium-ion batteries, which are heavily linked to the sustainable auto industry, are causing a capacity squeeze and affecting rates on certain policy lines.

The broker warned that the risk of a systemic cyber loss “is beginning to feel more like an inevitability.”

Experts on an Insurance Insider ESG panel highlight the industry’s power in guiding how capital is deployed.

In the months leading up to (Re)Connect and the wider conference season, the discussion around climate and ESG has become noticeably more urgent.

Aon, Guy Carpenter and Lockton chiefs discussed competition between the Big Three brokers and start-ups, climate change and the war on talent.

Plus a look at reinsurers’ cat budgets and all the top news from the week.

An increase in participants in the class of business could risk derailing underwriting remediation efforts.

The new hire joins after working in similar roles for Standard Chartered and Aviva.

The broker said ESG pressure was attracting capacity away from fossil fuels to renewables.

Various workstreams for the Sustainable Markets Initiative Insurance Task Force now have about three months to flesh out their frameworks.

The new recruit joins from Environment Resources Management.

Apart from a liberal dose of abstract terminology and climate-change jargon, the Corporation’s action plan is suffused with the rhetoric of “support”.