Asia insurers’ ESG efforts won’t impact profitability, ratings: Fitch
March 1 2021 by Yvonne Lau
MORE FROM: Environment
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Tokio Marine sets decarbonisation goal for 60 emission-heavy companies
- March 14
Companies that fail to set up decarbonisation plans by 2030 will be cut off from its insurance underwriting, investment and financing, the Japanese insurance group said.
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Hong Kong Federation of Insurers commits to carbon neutrality by 2050 with climate charter
- March 4
With 33 inaugural signatories, the climate charter introduces actionable goals across claims management, underwriting, societal engagement, investments, governance and disclosure.
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Shipowners, IOPC settle over 8000 claims one year after MT Princess Empress oil spill
- February 29
The newest estimate of total damage to environmental and coastal communities exceeds US$731m, including environmental losses of US$712m and socioeconomic losses totalling US$19.5m.
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New Zealand bans ‘forever chemicals’ in cosmetic products from 2027
- February 9
The decision puts the spotlight on exclusions to claims from exposure to PFAS, which as IAN reported recently has yet to find many takers in Asia Pacific.
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