It may not be a climate change summit for the ages like last year’s Paris meeting in which world leaders hashed out a historic agreement to reduce carbon emissions, but it does have two things in common with the 2015 …
Leading U.S. insurers have nearly half-a-trillion dollars invested the fossil fuel energy and the electric and gas utility sectors, according to a report out today that urges state insurance regulators and board members of these companies to help move them …
You have to be either strange or bored to Google the phrase, “What do climate change and Thanksgiving have in common?” So I did. Believe it or not I got results, and found that there are at least two things …
This is the second of a two-part column on green bonds.The first installment focused on bond sales. Australian carrier QBE Insurance Group Ltd. has invested $190 million Australian Dollars ($148.42 million) in four green bonds in the last year-and-a-half, and …
This is the first of a two-part column on green bonds. The second installment will include interviews with Axa, QBE and Zurich. Ahead the United Nations Climate Change Conference in Paris in December, also called COP21 or CMP11, there are …
According to William W. Windle, managing director of Munich Re Trading LLC, business has been brisk lately in the weather derivatives market. There are many reasons for this, and while Windle may wince at any suggestion that the current weather …
With a calm demeanor and in a somewhat scientific tone he doesn’t mind using while explaining his stance on something, Mike Kreidler stood by his decision to call out the insurance industry and the rest of the nation’s insurance commissioners …
A report on the insurance industry released Wednesday shows “a profound lack of preparedness in addressing climate-related risks and opportunities.” Insurance industry representatives immediately criticized the report as a negative take on the industry’s ability to adapt and not reflective …
Munich Re and ACE Ltd. are among insurers that are best prepared to manage risks related to climate change, a lobbying group said. The nine insurers that were found to be integrating climate change into underwriting and investments also included …
Nearly one-in-five major investors in green bonds issued by one of the world’s largest players in that market is coming from the insurance industry. If you haven’t heard much about green bonds and insurance investments up to now, you probably …
