by AIP Online Bureau | Jan 31, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The goal is “to ensure the continued protection of policyholders and the overall stability of the EU’s insurance market amid more erratic and damaging weather patterns,” EIOPA said Europe’s insurance watchdog has called for a recalibration of capital requirements to...
by AIP Online Bureau | Jan 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
“These exits reveal the inadequacy of voluntary commitments and underscore the urgent need for state-level leadership and regulation,” Vanessa Fajans-Turner, executive director of Environmental Advocates NY, said in a statement LONDON: Investment bank...
by AIP Online Bureau | Dec 29, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Features, Policy
Fossil fuels are the main culprit, accounting for over 75 per cent of global GHG emissions, but ditching them for renewable energy is easier said than done, especially for poor countries in the Global South. They depend on them for jobs and cheap energy, and lack...
by AIP Online Bureau | Dec 28, 2024 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“Over the last few years, we have taken several incremental measures in this direction. It started with the setting up a dedicated group within the Bank to assess climate change risks and foster a robust ecosystem for sustainable finance,” said Reserve Bank of India...
by AIP Online Bureau | Dec 26, 2024 | Eco/Invest/Demography, International News, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Cat bonds continue to pay out more than many fixed-income assets. This year, investors are on track to earn returns of 16%, compared with a record 20% in 2023 Catastrophe-bond issuance rose to a record this year, increasing the overall market to almost $50 billion, as...
