Issuance of cat bonds set to hit a record this year

Catastrophe bonds are generally issued by insurers looking to pass a chunk of their risk over to capital markets. Issuance has picked up lately, with factors including climate change, population density and inflation adding to the potential losses that insurers face....

Investor climate group to go for assets in private equity, debt

The Net-Zero Asset Owner Alliance, whose pension fund and insurer signatories manage $9.5 trillion in assets, said the new Target-Setting Protocol was its most ambitious yet to help halve emissions by 2030 and get to net-zero emissions by mid-century The world’s...