Search Results

Showing 141 - 150 of 343 results for "insurance"

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 ...

APRA flags extension of climate vulnerability asssessment to super, insurance

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
The climate vulnerability assessment (CVA) that APRA conducted with Australia's five largest banks is likely to be expanded to other industries overseen by the prudential regulator, including super funds and insurers, according to deputy chair Helen ...

ASFI Summit to focus on sustainable finance progress, implementation

RACHEL ALEMBAKIS  |  TUESDAY, 25 OCT 2022  |  NEWS
... Disclosures (TCFD) and a commitment to measure and report the social and environmental impact of investment, lending and insurance decisions in support of the Sustainable Development Goals. There will also be a discussion of regulatory and policy developments ...

Vanguard, Hejaz, abrdn launch sustainable products

RACHEL ALEMBAKIS  |  THURSDAY, 20 OCT 2022  |  NEWS
... companies which primarily operate in such sectors - i.e. tobacco, gambling, adult entertainment, conventional banking and insurance, pork, and weapons. The Hejaz Equities Fund is a growth fund with exposure to a diversified global equities portfolio ...

Australia leads on climate risk coverage, but depth lacking: EY

RACHEL ALEMBAKIS  |  THURSDAY, 20 OCT 2022  |  NEWS
... against TCFD metrics and targets. "On the physical risk side, we see disclosure of communities impacts that translate into insurance risk probably the most," Jeyaretnam said. "The physical risk is apparent. It's today. It's not 20 years down the track. ...

APRA chair highlights challenges of climate risk assessment

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... price, terms and/or availability of credit). "They also highlight the extent to which issues like the availability of insurance - something that increasingly cannot be taken for granted - can influence the provision of finance."

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... systems for assessing likelihood and cost of the increased frequency and severity of extreme weather events and general insurance, while premiums on policies typically reprice annually, which provides the sector with space. "Insurers can adjust their ...

Brookfield raises US$15 billion for global transition fund

RACHEL ALEMBAKIS  |  THURSDAY, 23 JUN 2022  |  NEWS
... investors from around the world committed to the fund, including public and private pension plans, sovereign wealth funds, insurance companies, endowments and foundations, financial institutions, and family offices," Brookfield said. Brookfield is the ...