-
The energy division at Chaucer will now be split into two teams: renewable power and natural resources.
-
The association’s membership highlighted climate change as both an underwriting and an operational issue.
-
The UN’s Principles for Sustainable Insurance is helping to ensure ESG practices are embedded across all aspects of the insurance industry.
-
The recommended range for absolute emissions reductions by 2025 should be 49%-65% or more of members’ portfolios.
-
The broker said terms and pricing were not significantly impacted by new capacity from oil and gas players.
-
Integra Risk Services will offer outsourced risk engineering management to the construction, engineering and energy sectors.
-
Also high on the association’s agenda for 2022 is working with the FCA and HM Treasury on a future regulatory framework.
-
Tokio Marine & Nichido Fire Insurance Co also plans to join the partnership for Carbon Accounting Financials initiative.
-
Insurers need to recognise their role in the race to net-zero, preparing for future political, environmental and economic impacts on climate change in the process, the Corporation said.
-
The association will also focus on initiatives to support digital transformation in the London market.
-
The broker said the last three years of hardening had led to a “substantial technical correction”.
-
Project Leaf will see environmental, social and governance (ESG) information issues woven into Aspen’s decision making for its credit and political risk portfolio.