Canadian Underwriter

Keyword
ESG

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How brokers can prevent D&O clients from getting burned for greenwashing

September 23, 2022 by Alyssa DiSabatino

Investors are increasingly pursuing companies for ‘greenwashing,’ referring to company directors who misrepresent their climate credentials or fail to act in accordance with their stated climate goals, says a financial services executive at Marsh Canada. Commercial brokers can help their

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News Climate ChangeInsurance

How the insurance industry can invest in climate sustainability

September 1, 2022 by Alyssa DiSabatino

Climate-friendly impact investments and those promoting resilience to the damaging effects of climate change are environmentally responsible ways for insurers to allocate their capital, suggests one insurance expert.   Aside from charging premiums for policies, insurers turn a profit by

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News BrokersEmploymentInsuranceProfessional Development

How ESG offers a competitive advantage

April 22, 2022 by Alyssa DiSabatino

Prioritizing environmental, social, and governance (ESG) issues is part of a company’s long-term competitive success, and panellists in a recent webinar shared examples of why.   For example, companies that focus on ESG — and social responsibility in particular —

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News Earnings / RatingsInsuranceMergers and Aqcuisitions

Five factors driving M&A activity in 2022

March 15, 2022 Philip Porado

Calendar 2021 marked the first full year of positive mergers and acquisitions (M&A) performance for the world’s deal makers since 2016, said research compiled for WTW’s Quarterly Deal Performance Monitor. The research, conducted in partnership with the M&A Research Center

News Insurance

Institutional investors increasingly likely to divest on ESG grounds

December 6, 2021 Canadian Underwriter Staff

Like insurers, Canada’s institutional investors are examining how environmental, social and governance (ESG) factors weigh into their operational decisions. A new EY report on global institutional investors that includes Canada showed 74% are more likely to divest from companies with

News Insurance

Why D&O insurers need to focus on the ‘S’ in ESG

November 9, 2021 by Jason Contant

The ‘S’ pillar of environmental, social, and governance (ESG) practices should be an increasingly important area of focus for D&O insurers, a specialist insurance provider said recently. While ESG is clearly a hot topic, the environmental and governance pillars have

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News Insurance

Ignoring ESG means ‘significant’ D&O risk to insurers and business: AGCS

October 19, 2021 Canadian Underwriter Staff

Businesses and insurers ignore environmental, social and governance (ESG) issues at their peril, an Allianz Global Corporate & Specialty (AGCS) report released this month suggests. “If an ESG issue is not handled or disclosed appropriately by the company or board,

News Insurance

Investors increasingly asking about insurers’ environmental practices: CFOs

December 2, 2020 by Jason Contant

Investors are increasingly asking insurers about environmental, social and corporate governance (ESG) practices and how they are being managed, Intact Financial Corporation’s senior vice president and chief financial officer, Louis Marcotte, said recently. “In some cases, when we meet investors,

News InsuranceMarkets / Coverages

Nuclear energy producers, alcohol manufacturers excluded from new AIG mutual fund

May 19, 2017 by Canadian Underwriter

Investors wanting to keep their money out of nuclear energy, the arms industry or alcohol manufacturers are being targetted by American International Group Inc., which announced Thursday it is marketing a new dividend mutual fund. New York City-based AIG announced

News Climate ChangeEarnings / RatingsInsuranceLegislation / RegulationMarkets / CoveragesProfessional DevelopmentReinsurance

Swiss Re adopts climate-related financial disclosure recommendations

December 14, 2016 by Canadian Underwriter

Swiss Re announced on Wednesday that it will adopt the climate-related financial disclosure recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Swiss Re helped develop the voluntary guidelines on climate risk reporting and is a member of the