Climate targets

MAS issues transition planning guidelines to strengthen financial institutions’ climate risk management

March 6 2026

The new framework for banks, insurers, and asset managers will take effect in September 2027.

Sompo partners with Momentick and JGC to offer satellite and drone-based methane monitoring for energy clients

September 15 2025

New offering combines Momentick's satellite imagery and JGC's drone-based measurements.

zurich-extends-climate-data-tool-in-asia-pacific

Zurich rolls out climate data tool in Asia Pacific

September 12 2025

The tool gives businesses and public bodies in Asia Pacific access to tailored climate risk data and expert advice.

japans-non-life-insurers-saw-solar-power-payouts-reach-us304m-due-to-disasters-theft-report

Japanese insurers see solar power claims payouts surge to US$304m due to nat cats, theft: Report

September 10 2025

Leading Japanese non-life insurers have seen a marked rise in solar power claims in fiscal 2024, with the trend expected to continue.

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Forum for Insurance Transition to Net Zero unveils net-zero transition guide for (re)insurers, brokers

July 14 2025

The guide features examples of de-risking the transition, climate adaptation, electric mobility, and other broader sustainability practices.

Allianz Trade reports 60% drop in emissions per employee in 2024

April 29 2025

The firm is targeting a 65% cut in operational emissions by 2030 and Net Zero across its investment and insurance portfolio by 2050

half-of-australian-insurers-have-now-set-2030-operational-net-zero-ica

Half of Australian insurers have now set 2030 operational net-zero targets: ICA

December 13 2024

Figure represents a 10% increase from 2023, however a significant number are yet to set targets for their claims supply chain, underwriting, and investments.

un-fit-launches-global-guide-for-insurers-net-zero-transition-plans-at-cop29

UN forum launches guide for insurers' net-zero transition plans at COP29

November 18 2024

UN Forum for Insurance Transition launches guidelines around managing climate risks, supporting sustainability, and driving actionable change.

Zurich and Aon launch clean hydrogen insurance facility

July 2 2024

Facility targets low-carbon methods of hydrogen production, supporting global projects with expenditures up to US$250m.

QBE promotes Nicola Schroder to Group Head of Sustainability

April 29 2024

Schroder has been with QBE 5 years and brings a rich background in sustainability to her new role.

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China sets new 2030 goals for green insurance development

April 26 2024

New guiding opinions outlines roadmap for the insurance industry to support China's environmental and carbon neutrality goals.

iag-singapore-life-among-new-un-backed-forum-for-insurance-transition-to-net-zero

IAG, Singlife join UN-backed 'Forum for Insurance Transition to Net Zero' as founding members

April 25 2024

FIT launches with 19 founding members plus a team of legal experts to help navigate antitrust and legal concerns that plagued its predecessor.

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25 September