ESG

Risk Spotlight

Our new docuseries for 2022 that will answer the industry’s biggest questions

LMG Futures Academy alumni to begin full-time roles in insurance

Young Meteors speaks to four London Market Group Futures Academy alumni as they prepare to begin full-time roles in the London market.

We have been highlighting worsening social inflation, medical expenses and growing historical reserve concerns for quite some time. And thus, we continue to believe further rate increases are to come in casualty

Pat Gallagher, group chairman and CEO at Arthur J Gallagher

Latest ESG news

Bermuda Premier highlights climate finance initiatives at COP28 in Dubai

Reclaim Finance’s McCully: NZIA on “life support” following mass exodus

Aon’s Lambrou: Frustrated clients look to differentiate themselves in challenging cat market

Oxbow’s Versi: Carbon credit market to reach $1bn in premium by 2030

Consultancy firm Oxbow Partners and pioneering carbon credit insurer Kita have described the growth opportunity within the ESG sector, and carbon credits in particular, as “the next cyber” for insurers.

AkinovA’s Winand: Diversifying data sets key to attracting more capital

The Insurer TV: Reclaim Finance calls on Lloyd’s to “stop greenwashing”

GC’s Enoizi eyes scale-up of NY community-based insurance scheme

Aon’s Schultz: 2023 will see cat bond issuances return to “record levels” at $11bn+

QBE’s Harris: 1.1 rate environment to persist with further price increases possible

Risk Spotlight: How do you know your ESG initiatives are having an impact?

Leading Voices

Climate

KCC’s Clark: Climate change means more $20bn-$40bn industry loss events

Karen Clark has said that while scientific consensus has determined climate change is not impacting hurricane frequency, it is driving severity higher and that the industry should be prepared to absorb more loss events ranging between $20bn and $40bn.

Wed 21 Dec 2022

Panel Debate

ESG

Panel debate: Chaucer/Moody’s scorecard key to enabling measurable action in wider ESG journey

This year has been one of significant momentum for the (re)insurance markets in relation to ESG, with the industry markedly increasing its focus on assessing risk through an ESG lens.

Thu 15 Dec 2022

Key takeaways from RenRe’s latest Risk Mitigation Leadership Forum 2022

Risk Mitigation Leadership Forum Series

ESG

Key takeaways from RenRe’s latest Risk Mitigation Leadership Forum 2022

October saw RenaissanceRe’s 16th annual Risk Mitigation Leadership Forum hosted in London, in partnership with ClimateWise and The Insurer.

Tue 8 Nov 2022

CISL’s Seega: Cross-industry collaboration “absolutely key” to solving puzzle of climate

Risk Mitigation Leadership Forum Series

ESG

CISL’s Seega: Cross-industry collaboration “absolutely key” to solving puzzle of climate

The issue of climate change cannot be solved on its own, and it is “absolutely key” that (re)insurers collaborate with other industries to tackle this problem, Cambridge Institute for Sustainability Leadership (CISL)’s Nina Seega has warned.