Pointing to regulatory pressures, the availability of low-cost and lower emission natural gas, and the increasing attractiveness of renewable energy sources, global rating agency KBRA published a research report on the significant decline in coal usage by U.S. electric utilities.

Climate change presents significant risk for the insurance industry on both sides of the balance sheet, and KBRA offers a new metric to help investors dimension an otherwise amorphous aspect of climate risk to specifically move beyond assuming the level of credit risk is related to total emissions.

Insurers can play a leading role in closing the protection gap by helping people plan to reduce the risk of disasters before they strike, and by providing financial help after, said Denis Duverne, chairman, Insurance Development Forum, and chairman of AXA, in an exclusive interview with Insider Engage.

As Russia’s invasion of Ukraine intensifies, the international conflict is disrupting global energy supply chains since Russia is one of the world’s largest oil exporters.

As Russia’s invasion of Ukraine intensifies, companies in the US, EU, and other regions are facing increasing stakeholder pressure to restrict services and product sales in Russia. In response, a growing number of corporations have taken measures to halt business there. Global corporate action on the Russia-Ukraine conflict underscores the growing role consumers are playing in international policy.

For a long time diverse-owned companies have faced a number of challenges when it comes to accessing capital, however business diversity programs are making this a thing of the past, enabling diverse-owned companies to expand their network and unlock potential business opportunities.

Over the past two years US insurance companies' interest in integrating economic, social and governance (ESG) factors into their investment strategies has grown significantly.

Carbon emissions reduction targets are often important goals for major cities today, with municipalities and local governments across the globe coming up with individual or joint plans based on existing mechanisms or ones that reflect the circumstances and priorities of a particular city.

The European Securities and Markets Authority (ESMA) issued a “call for evidence” on February 3 as it begins a formal review of the environmental, social, and governance (ESG) ratings market in the European Union (EU).

The geo-political environment in Latin America has been relatively volatile for many years, and while merger and acquistion (M&A) activity in the region continues to boom, those thinking about investing in the market need to be mindful of the challenges that it can present.

In recent years, insurance companies made great strides in attracting, retaining and developing diverse talent to ensure they have a diverse and inclusive workforce. Markel is one insurer that is working hard to make notable progress in this area, and with the recent opening of its new office in Paris, developing diverse talent in the region is one of its key priorities.

As climate risks become a growing threat to global stability, the insurance industry plays a critical role in mitigating climate change and promoting resilience.

Join us for a webinar, in partnership with KBRA, 10 a.m., Sept. 7

Airmic’s latest survey ‘The Harsh Market: Future of the London Market’, found the pace of the market hardening is slowing, while the London Market is still faced with challenges around regulation, talent, sustainability and evolving consumer preferences.

As companies adjusted to employees working from home, and the experience of natural catastrophe striking new areas, the insurance industry is rethinking their claims processes, said Dave Chmiel, SVP, National Director of Claims North America, HUB International.

Applications now being accepted for the Inside P&C Honors 22

Swiss Re has partnered with Mercado Libre, Klimber and Prudential to deliver a digital life insurance solution in Brazil — taking a critical step forward to close the life insurance protection gap in the country, said Kaspar Mueller, Swiss Re's president of reinsurance for Latin America.

Inflation, supply chain issues and bumpy economic growth may hamper Brazil's insurance market, but harnessing tools, including AI, give the country great potential for growth, said Bruno Camargo, CEO, Fairfax Brasil said.