Investments

In other news: Foresight, a workers' comp insurer, welcomes new commercial insurance underwriter.

The Paris-based insurance group, is in the final year of a strategic plan kicked off in late 2020 and is expected to unveil a new one in early 2024.

"The main climate factors expected to influence the 2023 Atlantic hurricane activity are the ongoing El Nino and the warm phase of the Atlantic Multi-Decadal Oscillation, including record-warm Atlantic sea surface temperatures," said NOAA's Matthew Rosencrans.

Mario Greco, who led his firm out of the Net Zero Insurance Alliance earlier this year amid a wider exodus from the group, has spoken out against the network of voluntary climate alliances that represent some of the biggest names in global finance, calling them "political and bureaucratic."

From baseball cards to decoy ducks — how to protect your clients' alternative investments

Releasing an ESG report prepares you to address potential risks hidden in operations.

Life insurers are among Japan's biggest institutional investors, with a combined portfolio of about 380 trillion yen ($2.7 trillion), according to the association.

Officials are assessing the damage wrought by the worst floods to hit the state since Hurricane Irene. Since then, the state has spent millions to climate-proof infrastructure.

The plea deal ended an embarrassing chapter for the German insurance giant, which agreed to sell the bulk of Allianz Global Investors US to Voya Financial Inc. after the unit was banned for a decade from some fund services in the country.

The Florida Insurance Guaranty Association is getting ready to head back to the market next week with a variable-rate bond deal after successfully selling fixed-rate bonds last week to help fund claims from insolvent insurance companies.

Biodiversity — including pollinating bees, marine life, rainforests and agricultural soil — is declining at an unprecedented rate as a result of exploitation, land-use change, pollution and extreme weather.

Brookfield Reinsurance Ltd. agreed to buy all the shares in the US insurer it does not already own for $55 apiece, according to a statement on Wednesday.

There were more than 30 funding events in the insurtech sector between June 1 and June 30, 2023, according to a review by Digital Insurance.

The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million in the municipal bond market.

So far, little is known about how the fire will impact BigCoast's carbon removal capacity or how much carbon has been released.

Grand Rapids, Michigan-based Acrisure is expected to be valued at well over $20 billion in an initial public offering, the people said, asking not to be identified discussing confidential information.

The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market in a very short space of time, and that has implications for tech-heavy ESG funds.

Austin-based Vista bought insurance technology provider Duck Creek Technologies Inc. earlier this year.

New technologies have the capability to provide an analysis of potential exposures.

The soaring number of firms disclosing their workforce demographics is bringing sobering numbers to light and displaying the shortcomings of available statistics.