Reinsurance News

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UK insurers integrate sustainability as core risk but seek regulatory clarity to drive greater impact

26th November 2025

The UK insurance sector is making notable strides in embedding sustainability across investment, underwriting and risk management, according to Insurers for Purpose – Navigating sustainability integration across the insurance sector, a report by Pensions for Purpose commissioned by Federated Hermes, Fidelity International, Gresham House, Mercer, SAIL Investments and Solas Capital. The ... Read the full article

Captives can help advance ESG commitments, says FERMA report

14th November 2025

The Federation of European Risk Management Associations (FERMA), representing risk managers across Europe, has examined how captives can contribute to environmental, social, and governance (ESG) objectives. In its report, ESG – Toolbox for Captives, FERMA notes that while captives are primarily designed to manage risk and provide insurance solutions, they can ... Read the full article

Munich Re’s Standard Ethics Rating upgraded to “EE+”

27th March 2025

Standard Ethics has upgraded Munich Re’s Corporate Standard Ethics Rating (SER) to “EE+” from the previous “EE”. Munich Re has been rated by Standard Ethics since 2016 and is part of both the SE German Index and the SE European 100 Index. Standard Ethics highlighted that Munich Re continues to pursue its ... Read the full article

Concirrus and OceanMind partner to strengthen maritime ESG

18th March 2025

Concirrus, an AI insurtech company, has strategically partnered with OceanMind to accelerate its long-term ESG roadmap, beginning with enhanced emissions tracking to support insurers and P&I clubs in meeting global decarbonisation targets, and align with its commitment to the UN Sustainable Development Goals. OceanMind provides analysis, intelligence, support, capacity building, and ... Read the full article

Poll suggests regulatory mandates a key driver of ESG adoption in re/insurance industry

3rd December 2024

A recent Reinsurance News poll, which drew responses from hundreds of industry professionals, suggests that regulatory mandates are viewed as the primary driver for the adoption of environmental, social, and governance (ESG) principles within the re/insurance sector. Of the poll respondents, 46% identified regulatory mandates as the most influential factor driving ... Read the full article

HDI expands Environmental Liability Insurance globally

13th November 2024

HDI Global, a corporate and specialty insurer, is expanding its Environmental Liability Insurance to the international market adding Social and Governance coverage, addressing the growing concerns around evolving risk contexts and increasing regulatory pressures. Responding to an evolving risk landscape due to increased regulatory pressures and ESG risk development, HDI Global ... Read the full article

A ‘silent’ low-carbon transition is already underway in the insurance sector: LMA

28th October 2024

Ahead of the next COP meeting, the Lloyd’s Market Association (LMA) commissioned a report, Underwriting the Transition, where KPMG examined the challenges, risks, and rewards of the low-carbon transition for the insurance sector over the next two decades, focusing on eight key economic sectors in the Lloyd’s market and mapping ... Read the full article

Beazley report highlights employee risk as global executive’s biggest threat

25th October 2024

In a time characterised by hybrid work arrangements, evolving workplace cultures, and heightened attention to misconduct, a significant portion of global executives, approximately 23%, identify employer risk as the most prominent threat they face during the current year, a recent Beazley report has revealed. This represents an increase compared to 18% ... Read the full article

Concirrus expands ESG presence through partnership with 90 North Foundation

19th September 2024

Concirrus, a provider of AI-powered maritime insurance solutions, has entered into a partnership with the 90 North Foundation, in a move that reinforces the company's dedication to environmental, social, and governance (ESG) principles. As Reinsurance News understands, this collaboration represents a major step towards the protection and sustainable management of the ... Read the full article

ESG and democratisation driving greater transparency in private market space: Napoli, Clearwater

7th August 2024

Net zero target initiatives are driving increased interest in ESG, which, combined with the democratisation of the private market space in general, is leading to broader transparency efforts in the private credit segment, according to Jon Napoli, Solutions Consultant, Clearwater Analytics. In an interview with Reinsurance News, Napoli discussed shifting market ... Read the full article

CCR Re’s ESG asset portfolio surpasses €1bn mark

9th July 2024

French reinsurer CCR Re has seen significant growth in its ESG asset portfolio, which has increased by 20% since 2022, reaching over €1 billion out of €3.6 billion in Assets Under Management (AUM). In its 2023 ESG Report, CCR Re attributes this robust growth to its commitment to sustainable and responsible ... Read the full article

MSCI and Moody’s partner to enhance ESG and sustainability solutions

2nd July 2024

Research provider MSCI and global ratings agency, Moody’s Corporation, have entered a strategic partnership aimed at enhancing transparency in ESG and sustainability and improving decision-making capabilities by leveraging each other's strengths. Under the agreement, MSCI will provide its ESG ratings and content, which evaluate how companies manage financially significant ESG risks ... Read the full article

VIG enhances sustainability rules in asset management & underwriting

15th May 2024

Vienna Insurance Group (VIG) is expanding its sustainability declarations for investment and underwriting, now binding for all VIG companies. Additionally, as part of the ongoing VIG 25 sustainability programme, VIG is establishing its own "Group Sustainability Office." Within investments and underwriting: VIG prioritises engaging with stakeholders in implementing its sustainability strategy. Dialogues ... Read the full article

Specialty Program Group becomes first EcoClaim certified NA MGA

12th April 2024

Specialty Program Group Canada (SPGC) has achieved EcoClaim certification, making Specialty Program Group the first MGA in North America to hold this recognition. SPGC, known best under operating brands Cansure, Beacon, and i3 Underwriting, is taking decisive steps toward achieving its Environmental, Social and Governance (ESG) goals. “An important priority is advancing ... Read the full article

2024 a milestone year for European re/insurers as tech and regulation advances: Clearwater’s Wenzhe Sheng

9th April 2024

In a recent interview with Reinsurance News, Wenzhe Sheng, Senior Product Manager for EMEA Prudential Regulations at Clearwater Analytics, discussed the latest developments on technical regulation and how that is impacting insurers in the European Union (EU) and the UK, as well as an outlook for the year and a ... Read the full article