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Showing 141 - 150 of 350 results for "insurance"

ESG goes mainstream: How the role has changed and what lies ahead

ROSE MARY PETRASS  |  TUESDAY, 4 APR 2023  |  NEWS
... Evans of the recruitment firm Talent Nation. The talk, ESG Market Insights Powered by Talent Nation, featured health insurance company Bupa's director of sustainability and ESG Mel Cutler and Andrew Sellick, principal sustainability - global infrastructure ...

Australian sustainable finance taxonomy to feature traffic-light system

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... establishment of a Taxonomy Board that includes government, peak representation across the financial sector (banking, insurance, investors and superannuation), climate and specialist expertise, and social and Indigenous representation. The board will ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... economic losses of $410 billion (US$275b) in 2022, a new report has found, with just $150 billion (US$125b) covered by insurance. The report from Swiss reinsurance company Swiss Re revealed that record-breaking damage from natural disasters in 2022 led ...

Fink counts the cost of "easy money" in annual letter

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
... ecology - or our economy - that's not affected. Finance is not immune to these changes. We're already seeing rising insurance costs in response to shifting weather patterns." Ensuring access to data to make clear decisions about material sustainability ...

Push for greater ESG alignment in C-Suite pay

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... promotes effective management of financial and non-financial risks." CPS 511 took effect for banks as of January 2023, with insurance and superannuation funds falling under the standard as of July 2023 and the rest of APRA-regulated entities falling ...

Climate a top concern for Australia's C-Suite

RACHEL ALEMBAKIS  |  THURSDAY, 19 JAN 2023  |  NEWS
... impacts of climate-related disasters or weather events, 52% citing changing consumption patterns, 50% citing increased insurance costs and 46% citing resource scarcity or cost of resources. "People have started to realise that climate change is not this ...

ASX200 see material biodiversity risks: Martin Currie

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... to the risks and dependencies, the survey highlighted financial opportunities as well - Martin Curie found banks and insurance companies see opportunities for the development of markets for ecosystem services and biodiversity credits, like carbon credits. ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
... findings of its first Climate Vulnerability Assessment (CVA) of Australia's five largest banks and signaled that the insurance industry is likely to be the next regulated sector to participate in the exercise. The CVA was conducted to assess the ...

Australians cite ethical investing as advice gap: Investment Trends

RACHEL ALEMBAKIS  |  THURSDAY, 24 NOV 2022  |  NEWS
... ethical/responsible investments was the fourth-most cited essential topic, ahead of advice on mortgage broking and life insurance as well as estate planning and annuities. "What's important from an ESG perspective is that ethical and socially responsible ...

Regulatory roundup on key sustainability developments

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
... for a green taxonomy, APRA flagging that their climate vulnerability assessment is likely to extend to super funds and insurance companies, and ASIC saying investigations into greenwashing continue. Assistant Treasurer's pledge on green taxonomy "with ...