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Natural catastrophes cost insurers $50bn in the first half of 2023

Natural catastrophes cost insurers $50bn in the first half of 2023

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Natural catastrophes cost insurers $50bn in the first half of 2023

A major new report from Swiss Re reveals a series of severe connective storms in the US accounted for 68% of the global catastrophe losses alone, costing $35bn

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‘Stop financing new gas fields,’ AXA told

‘Stop financing new gas fields,’ AXA told

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‘Stop financing new gas fields,’ AXA told

A letter has been sent to CEO Thomas Buberl, calling on the company to change its stance on fossil fuels

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‘World’s first’ insurance facility for hydrogen risks opens

‘World’s first’ insurance facility for hydrogen risks opens

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‘World’s first’ insurance facility for hydrogen risks opens

It will provide up to $300m of cover per risk in new projects

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New building energy efficiency tracker launched

New building energy efficiency tracker launched

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New building energy efficiency tracker launched

It is self-installed and tracks the carbon and energy use of properties

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Taiwanese financial firm banks on renewables in 2050 net zero drive

Taiwanese financial firm banks on renewables in 2050 net zero drive

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Taiwanese financial firm banks on renewables in 2050 net zero drive

E.SUN FHC has pledged to use 100% renewable energy by 2030 and become a net zero bank by 2050

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Insurance firm Marine Agency commits to becoming climate-neutral

Insurance firm Marine Agency commits to becoming climate-neutral

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Insurance firm Marine Agency commits to becoming climate-neutral

It is working in collaboration with Climate Neutral, a non-profit organisation that helps companies achieve carbon-neutral status by measuring, offsetting and reducing emissions

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Scottish Widows commits to halve carbon footprint of £170bn portfolio within a decade

Scottish Widows commits to halve carbon footprint of £170bn portfolio within a decade

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Scottish Widows commits to halve carbon footprint of £170bn portfolio within a decade

It claims to be the first major pensions and insurance provider to set such a goal by 2030

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Just Group becomes first UK insurance company to issue green bond

Just Group becomes first UK insurance company to issue green bond

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Just Group becomes first UK insurance company to issue green bond

It has raised £250m to facilitate investment in green assets, including green buildings, renewable energy and clean transportation projects

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Aviva launches specialised renewable energy insurance

Aviva launches specialised renewable energy insurance

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Aviva launches specialised renewable energy insurance

It is the insurer’s latest initiative to support action to tackle climate change and contribute towards the UK’s 2050 net zero emissions target

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Beer, tea and mental health – they’re all affected by climate change!

Beer, tea and mental health – they’re all affected by climate change!

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Beer, tea and mental health – they’re all affected by climate change!

This year’s Green GB Week – designed to raise understanding of how businesses and the public can contribute to tackling climate change – is running from 4th to 8th November

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Climate risk stress test for UK insurance sector

Climate risk stress test for UK insurance sector

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Climate risk stress test for UK insurance sector

It is the first time the bi-annual tests have been extended to explore climate change and applies to the largest life and general insurers

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US insurers ‘betraying public’ with continued coal investment

US insurers ‘betraying public’ with continued coal investment

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US insurers ‘betraying public’ with continued coal investment

None of the nation’s nine leading insurers assessed in a new report have taken significant action

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