AXA has, announced new decarbonization targets and released its 2023 Climate & Biodiversity report, which sets ambitious carbon reduction targets by 2030.
The company said that it aims to achieve...
The Australian Government introduced the AU$10bn (US$6.7bn) cyclone and flood damage reinsurance pool in July 2022 to help insurance companies manage NatCat risks.
The Swiss Re Institute identified NatCat, agri, health, and mortality as four key perils - with the protection gap widening to US$1.8 trillion globally.
Firemark has joined up with Jerusalem Venture Partners (JVP) and Margalit Startup City to discover and develop startups and technologies which measure and mitigate climate impacts.
Specialty (re)insurance coverage, involving 13 underwriters, has enabled a salvage operation for The FSO Safer which holds 1.14 million barrels of light crude and has been deteriorating since 2015.
AIA continues to increase its social-impact activities with the investment with LeapFrog, an impact investor which focuses on financial services and healthcare.
