Wildfire exposures can be mitigated by relatively simple and...
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Jan1 Renewals: Hannover Re’s Asia-Pacific premium growth remains modest
"Adequate prices and conditions continue to be indispensable for...
ESG Backlash: Investors with 6 trillion euros warn EU not to weaken green rules
The warning coincides with mounting pressure from Germany and...
UNCDF partners with Howden to build climate resilience for vulnerable communities in Fiji
The flagship programme has developed and deployed the Pacific region’s first parametric microinsurance products in Fiji, Tonga and Vanuatu. Suva, Fiji: The UN Capital Development Fund (UNCDF) announced international insurance broker Howden as a new addition to its...
India joins Agriculture Innovation Mission for Climate
“With today’s announcement, India joins more than 275 partners, including 42 governments, who are working to collectively advance AIM4C’s mission by supporting investment in climate-smart agriculture and food systems innovation,” the statement added. Washington: India...
Demand for `International Insurance Programmes’ grow as APAC businesses expand beyond local borders:Aon
Natural catastrophe events continued to drive large losses and pressure marketconditions for property insurance. Changes to the reinsurance market, including higher costs and retentions, and some coverage restrictions, will drive rate increases for both local...
Austrian children take government to court over climate
A lawyer for the group said the case submitted to the Constitutional Court is modeled on a similar lawsuit in Germany that prompted the government there to set new targets for reducing greenhouse gas emissions two years ago. A dozen minors filed a lawsuit with...
Hot temperature to heat up prices, reduce wheat yield, says CRISIL report
The rabi wheat crop yield will be impacted if the temperature is high in March. The crop yield will be on a par - or marginally lesser - than last year's low, said CRISIL in a report. Chennai: The hot temperature if persists in March may not only reduce the wheat crop...
Sebi proposes to introduce 5 new categories under ESG funds
''AMCs should endeavour to have a higher proportion of the assets under the ESG theme and make suitable disclosures,'' the Securities and Exchange Board of India (Sebi) said in its consultation paper issued on Monday. Mumbai: Capital markets regulator Sebi has...
Climate Risks: Indian Insurers should focus on green premiums and provide eco-friendly advice to industry, experts
(Lto R) G. Srinivasan, Director of the National Insurance Academy,,Satyajit Tripathy, CMD, United India Insurance Company,Saurabh Mishra, Joint Secretary Department of financial services, Devesh Srivastava, CMD GIC Re,Hadi Riachi, CEO of Swiss Re India Devesh...
ESG markets investors wake up to a new risk of financing arrangements across Adani Group conglomerate
Norway’s largest pension fund, KLP, recently dumped its entire holding of shares in Adani Green Energy Ltd., the renewables part of the empire, amid concerns that it might inadvertently have helped finance some of the world’s most polluting activities via the stake. A...
Indian ESG-focused firms performed better than global peers: RBI
The findings suggested that the companies which have managed and disclosed their ESG related risks better are associated with higher stock prices compared to a larger set of listed companies which do not have such disclosures India ranks ahead of all the countries...
Aon’s rebuilding for resilience project addresses Hurricane Ian devastation
Dan Dick, global head of property analytics at Aon’s Reinsurance Solutions, said: “Our teams gained first-hand experience of the devastation caused by this historic hurricane, which allowed us to conduct thorough analyses and identify practical steps to improve...