Climate targets

china-sets-2030-goals-for-green-insurance-development

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.

Global insurers behind the curve on sustainability as Asia closes gap with Europe, says nonprofit

April 18 2024

Asia's insurers performing better than North American firms, but, despite some progress, world's largest insurers remain far from their sustainability goals, ShareAction says.

Singapore launches Sustainable Finance Jobs Transformation Map

April 17 2024

Sustainable Finance JTM looks to better prepare Singapore's financial services sector for for sustainable finance opportunities.

singapore-mpa-receives-seven-insurance-proposals-for-electric-harbour-craft-initiative

Singapore Maritime and Port Authority receives seven insurance proposals for electric harbour craft initiative

April 12 2024

MPA's 2030 electric harbour vision gains momentum with seven insurance industry proposals.

zurich-insurance-group-to-halt-underwriting-new-oil-and-gas-projects-report

Zurich to stop underwriting new oil and gas projects - report

April 8 2024

Zurich tells Bloomberg it will stop underwriting new oil and gas projects to better align with its 2050 net-zero emissions goal.

Seven insurers among 15 institutions in Korea's first joint climate stress test

March 27 2024

The Bank of Korea and Financial Supervisory Service will conduct stress test, with findings used to steer country's low-carbon transition.

Asian insurers face six-year wait for reliable carbon emission disclosures

December 13 2023

With IFRS S1 and S2 looming, (re)insurers grapple with estimating risks contained in underwriting and investment portfolios.

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ARWC establishes ASEAN Renewable Energy Pool

December 8 2023

Malaysian Re will manage AREP, which pools risks to provide capacity for renewable energy risk in ASEAN.

shipping-industrys-move-to-net-zero-raises-complex-insurance-questions

Insurance questions loom as shipping sails toward net-zero

December 5 2023

Efforts to decarbonise are creating new risks and legal uncertainties.

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