Climate change
Blog: Industry trends to look out for in 2022
Adrian Saunders, commercial director at Ecclesiastical Insurance, shares his predictions for the broker market in 2022.
Insurance Age year in review - Andy Bord
Andy Bord of Flood Re reflects on the challenges and opportunities of 2021 and points out what 2022 might hold for the insurance industry.
In Depth: Making ESG meaningful
Nadia Bagijn, of Travelers, explores how the insurance industry can help financial institutions lead the way
News analysis: How climate change impacts risk development
Brokers tell Insurance Age about the way the risk landscape has morphed as a result of climate change and what advice they should be sharing with clients.
Environmental, social and corporate governance and the risks for institutions
In Depth: Rachel Gordon questions if ESG is all about the optics or are there some real risks to address?
Zurich unveils flood resilience initiative
Insurer says it has transformed the way it handles flood claims for both direct and broker business following a warning by the Environment Agency (EA) that the UK must “adapt or die” to climate change.
Protesters target Convex over coal
Activist group Market Forces is attacking the provider for refusing to rule out insuring the Adani Carmichael coal mine in Australia, in the latest climate protest aimed at the insurance industry.
Aviva urges brokers to take "holistic approach" to risks
Its latest risk report shows businesses are facing a "complex web" of interconnected risks.
News analysis: EVs set to rise within commercial motor
As customers go down the electric vehicle route, Insurance Age has asked industry experts to outline the impacts and challenges that EVs bring within the commercial space.
David Howden calls for collaboration in disaster relief funding
At the World Climate Summit, Howden stressed insurance was the key to unlocking the private capital needed to address the £14.8bn ($20bn) disaster relief shortfall.
Protesters spill 1,000 litres of fake oil on Lloyd’s doorstep
A one-tonne tank of plant and water-based biodegradable oil flooded the area in front of Llyod’s headquarters in Insurance Rebellion's latest protest targeting the market over links to fossil fuels.
Lloyd's joins the Net Zero Insurance Alliance
Corporation commits to the transition all of its operational and attributable greenhouse gas emissions to net zero by 2050.
Allianz launches sustainable procurement charter
With this charter, Allianz says it aims to encourage suppliers to reduce carbon emissions, recycle waste, use renewable energy, and consider biodiversity.
Climate activists set up memorial in latest protest targeting Lloyd's
Hundreds of flowers and floral wreaths were laid outside the building in the latest attempt to stop Lloyd's of London from insuring fossil fuel projects.
Blog: Modelling the risk of flood
FOIL’s Laurence Besemer explores the flood solutions designed to better model risk and help those in danger of this catastrophic peril.
Businesses call for climate action in letter to Boris Johnson
Companies including Allianz, Aon UK, Brit Insurance, Convex, Flood Re, Marsh, MS Amlin Underwriting and Tokio Marine Kiln have urged the Prime Minister to demonstrate the government's commitment to addressing the climate crisis ahead of UN summit.
Howden pledges to achieve plastic neutrality
The broker announced its commitment to reduce its plastic consumption, and offset the rest, aiming to curb the impact its business has on the environment.
Lloyd’s sets out climate action roadmap
Lloyd's reveals steps towards achieving net-zero across the industry after having been accused of 'shameless greenwashing' in a recent paint attack.
Extinction Rebellion hits Lloyd’s in paint attack
The activist group said it threw green paint over the Lloyd’s building to highlight “shameless greenwashing”.
FCA pledges to be tough and take action as it publishes 2021/22 Business Plan
Watchdog to focus on innovation and tackling misconduct as it aims to to become a "forward-looking, proactive regulator".
Global industry leaders set up the Net-Zero Insurance Alliance
According to the Net-Zero Insurance Alliance, insurers and reinsurers will individually set science-based targets every five years and report on their progress annually.
HRH The Prince of Wales launches insurance task force to fight climate change
The task force, chaired by Lloyd's, is comprised of insurance executives and aims to provide a platform for the sector to collectively advance the world’s progress towards a resilient, net-zero economy.
Sustainable insurer Parhelion to launch with backing from Howden
The provider, which is targeting a $500m capital raise, says its ESG products will meet the risk financing needs of a greener economy.
Allianz swaps flagship Manchester office for sustainable building
The new office space will include features such as training zones, collaboration areas, as well as a broker zone for intermediaries to utilise when visiting.