Social Responsibility
European Insurers Surpass U.S. Rivals in Coal Investment Exits: Campaign Group
Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S. insurers has taken "meaningful action," campaign group Unfriend Coal said on Wednesday. ...
Corporate Social Responsibility Can Get a CEO Fired: Research
CEOs are increasingly encouraged and even pressured to invest in reducing a company's carbon foot print, make the firm more diverse and focus on product safety. But researchers from the University of ...
IICF Starts Another Disaster Relief Fund to Aid Irma Victims
The Insurance Industry Charitable Foundation (IICF), a nonprofit organization, announced the establishment of a new disaster relief fund to assist those affected by the catastrophic damage of ...
Some P/C Industry CEOs Speak Out to Employees Against Charlottesville Racist Violence
In the days after a white supremacist/Alt-Right march and violent protests in Charlottesville, Va., some property/casualty insurance carrier executives chose to speak loudly to employees against what ...
Allianz, Generali, Zurich and More Called Out for $361M in Coal Investments
A climate activist group is calling out a handful of European insurers for having significant holdings in fossil fuels despite pledges by the companies to be more climate friendly. A report released ...
CNA Joins Global Business Diversity Initiative
CNA has become the latest property/casualty insurer to join a multi-industry CEO initiative focused on making businesses more diverse and inclusive. Dino Robusto, CNA's chairman and chief executive ...
Swiss Re Switches $130B in Liquid Assets to Track Ethical Indices
Swiss Re is switching the entire $130 billion it holds in liquid assets to track ethical indices, the latest move towards principled investments by the insurance industry. The world's second-largest ...
Investors Begin Nudging Companies to Reduce Carbon Footprint
Investors are slowly starting to push companies to reduce their carbon footprint and help the world meet targets on limiting global warming that were agreed in the 2015 Paris climate talks. Energy ...