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ESG tag returned 35 results

  • Japan: Big 3 non-life giants lead the way on ESG and sustainability

    With major insurers showing the way in promoting environmental, social, and corporate governance (ESG) and Sustainable Development Goals (SDGs), various other insurers are proceeding with implementation of a broad array of studies and initiatives in areas including asset management, personnel systems, corporate governance, compliance and social contribution, in addition to improving insurance products and services, notes The Toa Reinsurance.

    Asia | 29 Sep 2022
  • Australia: Project cargo insurance supports new renewable energy developments

    Companies in Australia and around the world are racing to install new renewable energy facilities. However, getting the components from diverse manufacturers to remote sites often involves numerous challenges, says Mr Tom Hughes, AXA XL's head of Marine for Australia who is based in Melbourne.

    Asia | 27 Sep 2022
  • Malaysia: Bank Negara expects insurers and other FIs to understand how climate change affects risk exposures

    Bank Negara Malaysia (BNM) expects financial institutions (FIs) to understand how climate-related risk drivers can impact their risk exposures - including credit, market and insurance risks from their lending, underwriting and investment activities, according to Ms Jessica Chew, deputy governor of Malaysia's central bank.

    Asia | 22 Sep 2022
  • China's "dual carbon" goals fetch business opportunities for insurers

    With the Chinese government intent on achieving the "dual carbon" goals of China reaching peak emission before 2030 and carbon neutrality by 2060, the insurance industry stands to see new opportunities and new dynamism, according to global management consulting firm McKinsey & Company.

    China | 16 Sep 2022
  • Japan: Tokio Marine claims "carbo-neutral" status for 9 years

    Tokio Marine Holdings (TMHD) has announced that it achieved "carbon neutral status in the Group's overall business activities in the financial year ended 31 March 2022 (FY2021) for the ninth consecutive year.

    Asia | 15 Sep 2022
  • ESG balanced scorecard launched

    An ESG balanced scorecard that will measure the ESG performance of clients and business partners across underwriting, investments and operations, helping them to become more sustainable has been launched by the global specialty (re)insurance group Chaucer in collaboration with Moody's.

    Asia Risk | 14 Sep 2022
  • Swiss Re sees multi-billion-$ growth opportunities despite challenging environment

    There are significant opportunities to hedge in the current volatile environment with insurance solutions, says Swiss Re in a report in which the global reinsurer shares its view on the state of the market and possible implications for the renewals season.

    Asia | 14 Sep 2022
  • Munich Re says climate neutrality opens up business potential to insurers

    Substantial business potential will arise from the insurance demand generated as businesses transition towards climate neutrality, says the world's leading reinsurer Munich Re in a report.

    Asia | 14 Sep 2022
  • China: PICC P&C launches first domestic emission reduction loss insurance plan

    China's biggest non-life insurer PICC P&C and Huaxin Insurance Brokers have jointly launched the first domestic emission reduction loss insurance (referred to as "carbon offset insurance") during the voluntary emission reduction monitoring period for such projects.

    Asia | 13 Sep 2022
  • Interest in ESG-related investments is growing

    More and more investors in China, including insurers and pension funds, are considering ESG and sustainability risks in their portfolios, and a number of trends point to rising interest in this topic.

    China | 05 Aug 2022

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