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| | | In this episode, we speak with James Thompson, senior vice president, division manager - Asia-Pacific at insurer FM Global. James talks about the engineering challenges facing businesses as they adapt to climate change, the role the insurer can play ... |
| | | | ... focuses on supporting our customers and investees, but also excludes the heaviest emitters. This has lead us to cease insuring certain fossil fuel businesses since 2017 and divest from some of the largest carbon emitters and we have additional exclusion ... |
| | | | A proposed federal inquiry will examine the legality of banks and insurers' decisions to withdraw from lending or insuring mining projects on climate risk grounds. The big banks and regulators including APRA and ASIC are expected to be called to the ... |
| | | | ... scenario, we can make sure we engage with them around issues like reducing the physical risks - for example, are they insuring it? If it's non-insurable, what are they doing from a mitigation and adaptation sense. You find there are some companies ... |
| | | | A coalition of global environmental NGOs is calling on the largest global insurers to halt insuring new oil and gas expansion projects and phase out insurance for oil and gas companies in order to meet a 1.5C global climate target. Peter Bosshard, global ... |
| | | | ... and Korean insurers such as Tokio Marine, SOMPO, Sinosure and Samsung Fire & Marine continue to play a critical role in insuring coal, the report noted. Almost all major European insurers have adopted coal exit policies. However, most specialty insurers ... |
| | | | ... increasing ambition in the commitments that investors are making as well." Sustainalytics also specificed the challenge of insuring a warmer planet as one of its 10 risks for 2019. "On top of the physical risks, [Property and Casualty] insurers' underwriting ... |
| | | | ... Australia," Bradbury said. "There are some specific provisions that will deal with resource taxes, but the focus here is about insuring that there is publication about the total tax paid by certain listed, large entities. "That is something that is actually ... |
| | | | ... comes to gender, age and skill diversity." The report also notes that there are insurance risks to manage, and that while insuring against climate change risks and increased weather related events is a short-term solution, there are long term pressures ... |
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