A newly formed climate activist group has smashed and defaced windows of major insurers as part of a “campaign of sabotage”. https://hubs.li/Q02HXnrB0
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ShareAction's latest report reveals alarming failures in the insurance sector's approach to climate change and human rights. Learn more about the 'triple whammy' threatening our planet and people. https://hubs.la/Q02sD6Fg0
Insurance "triple whammy" a grave threat to people and the planet – ShareAction
insurancebusinessmag.com
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It’s Earth Day! 🌍 Let's celebrate our planet's beauty, cherish its resources, and commit to protecting it for generations to come. Explore our article to learn how Environmental insurance can help protect our home: https://hubs.li/Q02tBgNQ0 #EarthDay #ProtectOurPlanet #environmentalinsurance
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Top 5️⃣ #ITtrending stories from this month 🔥 At number 3 is Extinction Rebellion occupying the offices of insurance firms as part of a protest. Read more here 👉 https://lnkd.in/eWu4fFZF #Protest #Climate #InsuranceNews #UKGI
Extinction Rebellion occupy insurance offices in protest
insurancetimes.co.uk
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Peter Bosshard is retiring: it's party time for insurers! This would be unwise. Bosshard is a veteran climate campaigner who developed a highly effective and thoughtful NGO campaign encouraging insurers to act on their underwriting business at a time when investment-related climate commitments were barely starting to emerge. As he says in his parting words, "some people from the industry told us that we didn't understand how insurance works and that no-one would voluntarily leave certain sectors off their menu". This is also what underwriters told me when floating efforts on the P&C Commercial Lines side. The case for interfering with the insurance industry's main business - ie insurance, not investment management - was not ripe. It involved messing with actuarial science ("asset stranding" is not an insurance risk) and, worse still, endangering commercials. Obviously this is more taboo than reallocating assets. Yet by 2017 some insurers started to factor climate transition risks into underwriting policies, not only physical climate risks. Bearing in mind that transition risks are largely disconnected from insurance risks in most P&C commercial lines of business, this is quite an achievement. And Peter greatly helped to trigger this a leap of faith through demanding but also considerate and carefully crafted campaigning and engagement. Peter also reflects harshly on collective action following the demise of the Net-Zero Insurance Alliance: "We have to recognise the insurance industry is not going to make any collective commitments on the low-carbon transition. (...) It has become more important that insurers take individual action and that we can strengthen regulations to force the laggards to move up." He also welcomes the creation of the new UNEP-led Forum for the Insurance Transition to Net-Zero where the presence of regulators should reduce political risks. There are limits to voluntary commitments in a competitive market, and some insurers tested those limits quite closely. Policy frameworks ought to reflect this, beyond reporting requirements. Finally, because "when it comes to climate action, winning slowly is the same as losing", he rightly states that no one wants to tell their grandkids that "you could have done more to avoid a climate catastrophe but thought others were better placed to do that." It's not yet party time. Read the full interview here: https://lnkd.in/dGD6u4bU
Peter Bosshard's parting message to insurers: tell your grandkids you did the right thing
insuranceerm.com
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My colleague, Cathy Cleary, wrote a white paper on coverage gaps in CGL policies and why Environmental Site Pollution insurance is critical. It's available to download for free here: https://hubs.li/Q02hHT4f0 #insurance #sitepollution #environmentalinsurance
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Time to disrupt the status quo! Insurance is the linchpin holding fossil fuel projects together. It's time to break the chain and demand insurers prioritize environmental responsibility. lets fight for a cleaner, healthier planet! ✊ #InsureOurFuture #ClimateEmergency
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My colleague, Cathy Cleary, wrote a white paper on coverage gaps in CGL policies and why Environmental Site Pollution insurance is critical. It's available to download for free here: https://hubs.li/Q02hHTSN0 #insurance #sitepollution #environmentalinsurance
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My colleague, Cathy Cleary, wrote a white paper on coverage gaps in CGL policies and why Environmental Site Pollution insurance is critical. It's available to download for free here: https://hubs.li/Q02hHTbF0 #insurance #sitepollution #environmentalinsurance
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My colleague, Cathy Cleary, wrote a white paper on coverage gaps in CGL policies and why Environmental Site Pollution insurance is critical. It's available to download for free here: https://hubs.li/Q02hHTTH0 #insurance #sitepollution #environmentalinsurance
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kWh Analytics strongly supports innovations within the insurance industry, highlighting the increasing importance of data-driven solutions for mitigating climate-related risks. In a recent discussion, our friends at AXA Climate and GreenieRE delved into the realm of parametric insurance. Learn more about impact insurance and how it can support decarbonization in this video
We are pleased to share our second video in our series on impact insurance with Travis S. from AXA Climate and Amy McCann Antczak from Energetic Capital! In this video we cover the following topics: Introduction to Parametric Insurance How Parametric Insurance can facilitate investments into Renewable Energy Success Stories from AXA Climate Challenges and Innovations Follow this link to get more details about the Mexican mangrove insurance cover that Travis mentions in this interview: https://lnkd.in/eQGJeY5A #climate #insurance #renewableenergy #impactinvesting #decarbonization
AXA Climate and Parametic Insurance | GreenieRE Coalition
https://www.youtube.com/
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