Traditional underwriting methods may fall short in addressing the complexities of ESG factors in decision-making. A major obstacle is the difficulty in acquiring reliable ESG data, particularly from small and private companies. Nevertheless, underwriters must establish a clear ESG framework to effectively...
Panel debate: Enabling measurable action in the insurance underwriting ESG journey There is currently significant momentum for the (re)insurance markets in relation to ESG, with the industry markedly increasing its focus on assessing risk through an ESG lens. ...
Panel debate: Enabling measurable action in the insurance underwriting ESG journey There is currently significant momentum for the (re)insurance markets in relation to ESG, with the industry markedly increasing its focus on assessing risk through an ESG lens. ...
ESG impact within the insurance industry has become a major challenge for insurers. Recent regulatory developments are forcing insurers to meet expectations with actions, especially on climate concerns.
These broader and more vocal groups are increasingly interested in how ESG drives corporate performance. Given their role in underwriting the activities of other corporates, and in addition to considering their own firms’ responses to ESG, insurers should be well-placed to influence how others ...
Insurance company MAPFRE announced today that it has joined the Net-Zero Insurance Alliance (NZIA), and unveiled a series of climate commitments, including a pledge to achieve zero net emissions in its insurance and reinsurance underwriting portfolios by 2050. ...
following AXA XL surplus lines insurers: XL Catlin Insurance Company UK Limited, Syndicates managed by Catlin Underwriting Agencies Limited and Indian Harbor Insurance Company. Enquires from US residents should be directed to a local insurance agent or broker permitted to write business in the relevant...
Task Force on Climate-Related Financial Disclosures (TCFD)– Several recommendations for promoting informed investment, credit, and insurance underwriting decisions. Sustainalytics– Global ESG research and ratings, risk assessments, and portfolio analytics provider. Investors benefit from these services by...
accelerate environmentally friendly governance, and transition to low-carbon operations. These recommendations were designed to support better-informed investment, credit, and insurance underwriting decisions while ensuring stakeholders are cognizant of the exposure to climate-related risks and carbon-related as...
GHG emissions from insurance underwriting(Insurance-Associated Emissions)*6 PortfolioUnitFY2022 Commercial Sector t-CO2e 390,391 *6 Calculated for Scope 1 and Scope 2 for companies that hold shares in Sompo Japan's insurance underwriting clients, using data provided by MSCI ESG Research (Coverage...