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If you only read a handful of articles this week, make it the selection below. -
The Net-Zero Insurance Alliance has said its Target-Setting Protocol will now serve as a “voluntary best-practice guide”.
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Risk management, reputation risk and regulation were found to be key drivers for insurers of integrating ESG risk factors into underwriting.
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The guide focuses on how its members can protect homes and businesses they insure from climate risk, as well as protecting their own reputational risk.
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The company will no longer insure energy companies expanding their coal-based activities.
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If you only read a handful of articles this week, make it the selection below.
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The carrier will increase its involvement in renewables, and cut the carbon intensity of its motor and P&C book.
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A panel of sustainability leaders from Conduit Re, Axa XL, Convex and Vantage Risk discussed the need for a consistent methodology to measure underwriting emissions at the Bermuda Climate Summit.
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The executive worked for WTW for more than two decades.
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Plus all the latest executive moves and the top news from the week.
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Insurers are looking ahead to possible fallout from issues such as cyber risks and the impact of AI on the workforce, while still seeing these new trends as opportunities to capture.
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In the aftermath of an exodus from the NZIA, brokers are concerned that fragmented methodologies adopted by carriers to measure insurance emissions could be a "disaster" for insureds.
