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Northern Trust AM Australia shares in $4.3bn climate transition mandate

KARREN VERGARA  |  TUESDAY, 21 JUL 2026  |  NEWS
... manager will be allocated US$400 million ($571m) from the Labor Pension Fund, US$100 million ($143m) from the Labor Insurance Fund, and US$100 million ($143m) from the National Pension Insurance Fund. The mandate term will last five years. The fund managers ...

AI-washing and cyber-washing

JAMES NORTH, FRIEDA CHAN, EUGENIA KOLIVOS  |  THURSDAY, 2 JUL 2026  |  NEWS
... management * proactively assessing novel AI-specific risks like algorithm bias, an issue which has previously resulted in an insurance company receiving significant penalties when its pricing algorithm failed to account for promised discounts. Trade ...

New Forests launches global natural capital strategy

MATTHEW WAI  |  MONDAY, 15 JUN 2026  |  NEWS
... markets to optimise outcomes." The target audience for GLO is institutional investors including pension and super funds, insurance companies, family offices, endowments and foundations, New Forests said.

TNFD, King Charles' A4S launch new guide on nature-related issues

KARREN VERGARA  |  FRIDAY, 5 JUN 2026  |  NEWS
... and dependencies on nature can include stranded assets, disruption to operations, higher production costs, increased insurance premiums and reduced asset values. TNFD chief executive Tony Goldner said nature has quickly moved from a corporate social ...

Australian Ethical pressures QBE over climate risk management

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026  |  NEWS
... gas projects. "QBE cannot outsmart climate change. Not when the world is fast approaching the point of no return where insurance risk can't be transferred or absorbed by governments or consumers under strain from the rising costs of natural disasters," ...

ASX20 shows progress on mental health, but more to be done

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2026  |  NEWS
... BHP Group ranked highest. On leadership and innovation, BHP Group, Coles, Rio Tinto, Commonwealth Bank, Fortescue, QBE Insurance, Woodside Energy, and Woolworths were standouts. And for performance reporting and impact, Transurban, Coles, Rio Tinto ...

UK pension insurer enters affordable housing sector

ELIZA BAVIN  |  THURSDAY, 16 APR 2026  |  NEWS
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes in the UK, has launched Verda Living, a for-profit registered provider of social and affordable housing (FPRP), following approval from the Regulator of Social ...

APRA's climate-related stress tests pose as financial risk

KARREN VERGARA  |  FRIDAY, 27 MAR 2026  |  NEWS
A stress test conducted by APRA reveals climate-related risks can aggravate Australia's insurance protection gap for households and ultimately heighten financial risks. In the Insurance Climate Vulnerability Assessment report, APRA warns how increased ...

AI may have a 'benign' impact on jobs: Mulino

RIDDHIMA TALWANI  |  MONDAY, 16 MAR 2026  |  NEWS
... the whole it will be good, it might lead to potential negatives such as exclusion of some people from loan markets and insurance, he added. Mulino pointed to professions that need substantial human interaction such as the care economy which has grown ...

Australian Sustainable Finance Institute names new chair

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2026  |  NEWS
... Integrity Council for the Voluntary Carbon Market. "William brings extensive experience in financial services including insurance, banking and regulation, as well as an international perspective on the role finance plays in supporting the transition ...
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