Tag: ESG

GLASS PRISM: the AI tool redefining insurance investment strategy

Ortec Finance has unveiled GLASS PRISM, a next-generation strategic asset allocation (SAA) optimisation tool designed specifically for insurance asset managers. Built on what the firm...

How UK insurers should tackle PRA climate risk guidance

The Bank of England's (BoE) Prudential Regulation Authority (PRA) published Supervisory Statement 5/25 last December, setting out its concerns over the systemic risks that...

Climate X integrates Fathom flood model for global insight

Climate X, a global leader in climate risk intelligence and resilience analytics, has partnered with Fathom, a pioneer in flood risk modelling, to deliver...

The role of ESG data in modern insurance underwriting

Insurance firms have begun implementing environmental, social and governance (ESG) data into their offerings amidst a swell of pressure from stakeholders. This data is transforming underwriting profitability, enabling better risk assessments, product innovation, and regulatory compliance. 

Zurich and Aon launch global insurance facility for hydrogen projects

Zurich and Aon have joined forces to introduce a pioneering clean energy insurance facility aimed at providing extensive coverage for blue and green hydrogen projects globally, with capital expenditures reaching up to $250m.

IDF and AFD Group form IDRIMA to enhance climate resilience

The Insurance Development Forum (IDF), chaired by Michel Liès of Zurich Insurance, and the French Development Agency Group (AFD Group) have formed the Integrated Disaster Risk Management Alliance (IDRIMA).

Understory bags $15m in Series A for renewable energy sector

Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.

Unlocking insurer success: The power of data integration with hx Renew

In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.

Global travel insurance industry steps up its commitment to sustainability

A new initiative, known as the Travel Insurance Eco Challenge, has been launched aiming to foster sustainable travel practices within the global travel insurance industry.

WTW launches first-ever coral reef insurance policy in Fiji

WTW, a leading global advisory, broking, and solutions company, has introduced a groundbreaking parametric insurance policy aimed at protecting the coral reef system of the South Pacific Ocean’s Lau Group of islands.
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