ESG reputational risks evolve fast, threaten insurers

Companies will be challenged by stakeholders, say panellists at Kennedys "Rise of Intangible Risk" seminar


GFIA identifies four significant global protection gaps totalling $2.8trn

The federation calls for industry and government to address the gaps


Swiss Re reduces carbon intensity of corporate bonds and equities by 42%

The reinsurer also highlights green transition opportunities


Phoenix estimates 20% of equity and credit assets exposed to high climate transition risks

UK life insurer further integrates climate risk across its risk management framework


Bermuda's time for IAIGs

Bermuda may soon identify its first internationally active insurance groups, according to the Bermuda Monetary Authority director of insurance supervision, Gerald Gakundi. Sarfraz Thind reports


Aviva completes divestment of £2.5bn in fossil fuel companies

The UK insurer also updates its Climate VaR methodology


Bank of England struggles to find evidence for climate capital requirements

Climate-related supervision will focus on stress and scenario testing


Eiopa's sustainability risk paper criticised for being backward-looking

Finance Watch's head of research calls for "meaningful conclusions" from Eiopa