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The insurance industry has long focused on ESG priorities, but climate activists say insurers are doing more harm than good.
The ruling against Shell to reduce its net CO2 emissions could set up new levels of responsibilities for certain insurance lines.
With a deadline of 2050, the pledge covers both WTW's business operations and discretionary investment portfolio.
Default risk represents the likelihood that a borrower will be unable to repay debt and is, therefore, one indicator of financial fitness.
The world's second-largest reinsurer recently released new specifics on how it plans to cut its net emissions to zero by 2050.
Conditions in Q1 2020 were perfect for new issuance, as investors held large sums of capital to deploy into catastrophe bonds.
A new white paper discusses the emerging threats impacting everything from technology supply chains to intellectual property.
While COVID-19 was mentioned, risk professionals surveyed by Deloitte rated other top risk concerns much higher.
Relatively low unemployment and increased wages indicate stability in the insurance labor market this year.
In the last year alone, natural disasters in the U.S. created $22 billion in damages, NOAA reports.