Tag: Feature
Zurich next to leave Net Zero Alliance, just days after Munich Re quit the group
Zurich Insurance Group is withdrawing from the Net Zero Insurance Alliance (NZIA), becoming the second founding member to quit the climate group in le [...]
Insurer joins US government efforts to promote and enhance climate resilience across Africa
In response to US Vice President Kamala Harris’s call for the private sector to promote and enhance climate resilience, adaptation and mitigation acro [...]
P&C insurers who embrace net zero stand to capture the value at stake, argues McKinsey
The January publication of the Net-Zero Insurance Alliance (NZIA) “target setting protocol” marked a turning point and a step forward for the insuranc [...]
Climate justice one step nearer after UN resolution, improving chances of climate financing
Climate justice is thought to be one step closer after a recent United Nations General Assembly resolution, allowing the UN General Assembly to seek t [...]
Marsh publishes its 2022 ESG report
Broker Marsh McLennan has released its 2022 Environmental, Social and Governance (ESG) report: Succeeding Together, outlining its successes in the ESG [...]
Munich Re leaves Net Zero Insurance Alliance citing risk of anti-trust action
Munich Re has pulled out of the Net-Zero Insurance Alliance (NZIA), citing the risk of exposure to anti-trust risks.
“In our view, the opportunitie [...]
OLEA names new head for Kenya business
Paris-based firm OLEA Insurance Solutions has announced the appointment of a new CEO for Kenya.
Anthony Wachira is to replace the outgoing CEO, Her [...]
Companies – including insurers – should have grid collapse plans in place, says SA risk body
While reassurances have been given that the chances of a total electricity grid collapse are low, it has now become incumbent on the South African ris [...]
Santam South Africa to buy MTN South Africa’s insurance book
Santam, South Africa’s short-term insurer, is to buy MTN South Africa’s device insurance book.
The pair said the acquisition, and alliance, is to s [...]
Second year of nat cat losses exceeding $100bn globally
With floods in South Africa, Hurricane Ian in Florida, record-breaking losses from hailstorms in France, floods in Australia, winter storms in Europe [...]