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Showing 1 - 10 of 15 results for "Swiss Re"

Green moves: Aware Super, BlackRock, Taylor Fry

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025  |  NEWS
... society and communities, as well as our businesses and the environment." Meyricke has held senior roles at Suncorp Group, Swiss Re and the Cambridge Institute for Sustainability Leadership.

UBS delays climate target to 2035

KARREN VERGARA  |  FRIDAY, 21 MAR 2025  |  NEWS
UBS has delayed its climate targets deadline to 2035 for its operations and flagged it is scrapping its mission to align 20% of total assets within its asset management unit to net zero. In its Sustainability Report 2024 released this week, the global ...

81 major investors lock in climate targets

ROSE MARY PETRASS  |  THURSDAY, 31 OCT 2024  |  NEWS
... industry to set Paris-aligned targets, and they report on their progress annually. QBE Group, AXA, Aviva, BNP Paribas and Swiss Re are among the members that have set targets. The industry-led asset owner alliance said members have reduced absolute financed ...

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
Swiss Re says global insured losses from natural catastrophes hit $90.5 billion (US$60bn) in the first half of 2024, with severe thunderstorms accounting for two-thirds of that figure. Interestingly, the half was the second costliest on record for insured ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... uninsured at an exposure level, particularly in emerging economies where 80-98% of the losses are uninsured, according to Swiss Re. The industry now needs to consider risks posed by extreme weather, but beyond that, needs to consider transition risk ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... 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 to the third consecutive year that insured losses ...

U Ethical makes two board appointments

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 FEB 2022  |  NEWS
... its board of directors. King brings more than 18 years' experience in directorships, including roles at MLC Australia, Swiss Re, AFG and FNZ Group. She also has over 10 years in CEO or general manager roles in Australia, New Zealand and Asia with AXA ...

Oxfam Australia calls for stronger climate action amid GDP risk

RACHEL ALEMBAKIS  |  THURSDAY, 10 JUN 2021  |  NEWS
... US$9.4 trillion, without more ambitious action on climate change. Oxfam Australia cited economic analysis from reinsurer Swiss Re as the basis for those predictions "Deep carbon reductions and limiting global temp increase are the most critical actions ...

Insure Our Future calls for halt to insuring oil and gas projects

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUN 2020  |  NEWS
... also begun adopting some restrictions on the oil and gas sector. AXA, AXIS Capital, The Hartford, Generali, Munich Re, Swiss Re and Zurich have limited their cover for tar sands operations. Some insurers have also restricted their cover for Arctic drilling ...

QBE, Suncorp among global insurers exiting coal: Unfriend Coal

RACHEL ALEMBAKIS  |  TUESDAY, 3 DEC 2019  |  NEWS
... from coal is really taking a toll on the coal industry. The report highlights leaders around the world. In underwriting, Swiss Re and Zurich are the leaders in ending coal insurance in that they have withdrawn cover from both new and existing projects ...
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