Investors managing more than $41trn (£29trn) in assets have released a joint statement calling on all world governments to raise their climate ambitions, or risk missing out on trillions of dollars.
The cost of offsetting corporate carbon emissions is likely to increase 10-fold by 2030 as more and more companies look to achieve their net-zero targets, according to forecasts by University College London (UCL).
ABP – which is Europe's largest public sector pension scheme by assets under management – has today committed to decarbonising its portfolio using the Net Zero Investment Framework (NZIF).
The IFRS 17 accounting standard is expected to cost the global insurance industry up to $20bn (£14bn) to implement, a survey by Willis Towers Watson (WTW) has uncovered.
A new market-led initiative has today been launched to support financial institutions and corporates in assessing and managing emerging nature-related risks and opportunities.
The growing frequency of natural catastrophes has increased demand for reinsurance in the Asia-Pacific (APAC) region as domestic insurers seek financial resources to cover the risks.
The majority of large and mid-size organisations worldwide are failing to anticipate and model key emerging risks, a new report from insurance firm Marsh suggests.
Governments should consider introducing mandatory provision of income protection insurance following the COVID-19 crisis, research by the University of Oxford and Zurich Insurance Group suggests.
Remote provision of health care services using 'telemedicine' will save the industry $21bn (£15bn) by 2025, rising from $11bn in 2021, a new report by Juniper Research suggests.
Insurers must embrace emerging technologies and offer “hyper-personalised” experiences to attract and retain customers following COVID-19, and new report from Capgemini claims.
