The Biden administration finalized strict limits on certain so-called “forever chemicals” in drinking wat...
Aging Tankers, ESG Obligations and Compliance Consequences
Following the explosion in May 2023 onboard the Pablo, a 26-year-old tanker vessel of 97,000 DWT resulting in loss of life but avoiding environmental catastrophe...
Following the explosion in May 2023 onboard the Pablo, a 26-year-old tanker vessel of 97,000 DWT resulting in loss of life but avoiding environmental catastrophe...
Article / 6 months ago
Chubb, Mapfre, Tokio Marine criticized over Brazil offshore oil cover
Environmental group Insure our Future says underwriting deep-sea oil and gas exploration by state-owned energy giant Petrobras is inconsistent...
Environmental group Insure our Future says underwriting deep-sea oil and gas exploration by state-owned energy giant Petrobras is inconsistent...
Article / 2 years ago
Asbestos drags on Travelers; insurer took Q3 charge after upping reserves in '20
Of the 15 U.S. P&C insurers with the highest asbestos liability reserves, only four increased their reserving in 2020...
Of the 15 U.S. P&C insurers with the highest asbestos liability reserves, only four increased their reserving in 2020...
Article / 2 years ago
At G-7 meeting, some climate, but little change
A weekend G-7 summit produced little in the way of new concrete plans to cut emissions and finance the...
A weekend G-7 summit produced little in the way of new concrete plans to cut emissions and finance the...
Article / 3 years ago
BoE unveils climate change stress tests; results may affect supervision
Governor Andrew Bailey said the Climate Biennial Exploratory Scenario will not be used to set capital requirements...
Governor Andrew Bailey said the Climate Biennial Exploratory Scenario will not be used to set capital requirements...
Article / 3 years ago
Biden issues order to guard US from climate-related financial risks
The order encouraged financial regulators to assess how climate-related risks could affect the stability of the federal government and U.S. financial system, among other things...
The order encouraged financial regulators to assess how climate-related risks could affect the stability of the federal government and U.S. financial system, among other things...
Article / 3 years ago
Japan insurers under rising pressure to push portfolio companies to go greener
More institutional investors in Japan may join Nippon Life in dialing up pressure on their portfolio companies...
More institutional investors in Japan may join Nippon Life in dialing up pressure on their portfolio companies...
Article / 3 years ago
Europe's top insurers defend green efforts after campaigner criticizes progress
Reclaim Finance founder Lucie Pinson told a recent conference that Europe's biggest insurers need...
Reclaim Finance founder Lucie Pinson told a recent conference that Europe's biggest insurers need...
Article / 3 years ago
As new risks emerge, liability carriers continue to confront an old peril
Travelers recorded its largest amount of unfavorable asbestos reserve development since moving its annual review of its exposure to the third quarter...
Travelers recorded its largest amount of unfavorable asbestos reserve development since moving its annual review of its exposure to the third quarter...
Article / 3 years ago
COVID-19 could focus insurers' minds on climate change risks
Rather than distracting insurers, the pandemic is teaching them lessons about how they should respond to other systemic risks, according to specialists...
Rather than distracting insurers, the pandemic is teaching them lessons about how they should respond to other systemic risks, according to specialists...
Article / 4 years ago
