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ESG

  • Meg Green talks to Neil Eckert, live at the London Market Conference 2022, about the multiple roles insurers are playing in the ESG transition
  • ESG
    In Partnership With KBRA
    KBRA looks at a new report on the threat to coastal communities from rising sea levels in the coming decades.
  • ESG
    In Partnership With KBRA
    The impacts on insurers from Hurricane Ian are likely to be material but manageable, according to a report from global rating agency KBRA.
  • In Partnership With Marsh
    Business preparation and public-private collaboration are seen as the keys to prevention
  • ESG
    In Partnership With KBRA
    Large US public sector pension funds are increasing their investment allocations to private credit, according to a report from global rating agency KBRA.
  • ESG
    In Partnership With Moody's Analytics
    As insurers move towards automation and further digitisation of their underwriting processes, accurate data and sophisticated analytics are becoming increasingly important.
  • In Partnership With RMS
    With investors incorporating ESG (Environmental, Social, and Governance) principles into their investment strategies, and many organizations looking to finance or refinance sustainability focused projects, sustainable bond volumes have grown – more than tripling since 2019.
  • According to a new report by Mercer Marsh Benefits (MMB), People Risk: Resetting priorities to manage risks for workforce and business resilience, cyber security, program administration, and environmental and social issues are the top people-related risks facing organizations across Latin America.
  • In Partnership With KBRA
    Pointing to price volatility in the energy industry, global rating agency KBRA predicts a near term decrease in the transition from fossil fuels to more sustainable energy sources in the U.S.
  • Citing federal and state initiatives and some encouraging industry developments, global rating agency KBRA has reported a mostly positive outlook for the U.S. residential solar industry and, by extension, the residential solar ABS market.
  • 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.
  • The prospect of a long, hard market is driving businesses to make more use of self-insurance instead of handing premium over to carriers.
  • 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).
  • President Joe Biden signed the Infrastructure Investment and Jobs Act (IIJA) into law on November 15, investing $550 billion above baseline levels (the equivalent of approximately 1% of GDP) in US infrastructure over the next five years.
  • There has been a great deal of debate about what it will take for individual companies to reduce their carbon dioxide (CO2) emissions. Many argue that either a carbon tax or cap-and-trade program is the most viable option. Some even maintain that such policies should include all greenhouse gases (GHG), including methane and nitrous oxide.
  • This KBRA report is a follow-up to a research publication on KBRA’s general approach to incorporating environmental, social, and governance (ESG) factors in KBRA’s credit rating process across corporate, financial, and government (CFG) ratings, which we describe as ESG Management. While our previous publication provided a broad overview of KBRA’s ESG Management approach, this report focuses on the potential influence of ESG topics on KBRA’s analysis of corporate ratings. It is important to note that this research is not methodology. KBRA’s cross-sector ESG methodology can be found here.
  • Low interest rates and market volatility have pushed insurance asset managers into less familiar territory during the pandemic. Though appetite for alternative asset classes and responsible investing seems here to stay.
  • ACORD annually identifies the year’s Top InsurTech Leaders by evaluating vision, execution, and outcomes. Even during this past year of unprecedented challenges, the insurance technology community continued to drive growth and change throughout our global industry.
  • Insurance supervisors want wider transparency and disclosure on climate risk and not just greenwash.
  • In September 2013, Chicago’s city council and then-Mayor Rahm Emanuel adopted a building energy benchmarking ordinance that aimed to raise awareness of energy performance as well as unlock energy and cost saving opportunities for businesses and residents. The ordinance, which was fully phased in by 2016, calls on commercial, institutional, and residential buildings larger than 50,000 sf to track whole-building energy, defined as the usage of electricity; natural gas; and any other fuels to operate both common and tenant-occupied spaces. The ordinance requires information to be reported to the city annually and verified every three years by a licensed in-house or third-party professional. The law covers less than 1% of Chicago’s buildings according to Chicago.gov, but roughly 20% of total energy consumed across the city. While the ordinance does not currently require building owners to make mandatory investments, a 2019 energy benchmarking report published in April 2021 revealed $24.6 million in annual energy reduction savings between 2016 and 2019 (approximately $74 million in total) and a 15% decline in carbon emissions per building sf over the period.
  • This KBRA report is a follow-up to a research publication on KBRA’s general approach to incorporating environmental, social, and governance (ESG) factors in KBRA’s credit rating process across corporate, financial, and government (CFG) ratings, which we describe as ESG Management. While our previous publication provided a broad overview of KBRA’s ESG Management approach, this report focuses on the potential influence of ESG topics on KBRA’s analysis of corporate ratings. It is important to note that this research is not methodology. KBRA’s cross-sector ESG methodology can be found here.
  • Their size and diversified nature can foster long‑term change.
  • What is the difference in perception and resilience amongst business leaders to environmental risks, and are businesses fully prepared for the associated risks – such as pandemic, climate change, environmental damage, food security and energy transition?