ESG

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The expectation that we would be talking about the slowing of the brokerage supercycle proved to be misplaced.

The new Coaction has also converted to a public benefit corporation (PBC), making it the first commercial P&C insurer to do so.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Through the collaboration, the two companies will work together to help clients with their investment strategy decisions by providing data sets, analytics and insights into ESG portfolio-level exposures.

Chubb has also received demands from shareholders for more information on its climate-related policies.

Chubb and Travelers are targeted as “climate laggards” by a shareholder group that wants the insurers to step up monitoring the impact of underwriting and investment activities.

The council comprises Cindy Bruyère, Henk Dijkstra, Kenneth E Kunkel and Park Williams.

Carriers are planning to increase their allocation most significantly to private equity (44%) and green or impact bonds (42%).

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The carrier has introduced a number of ESG-focused roles, which sees Cathal Carr, SVP, underwriting, appointed as global head of climate and sustainability strategy.

To help achieve its goal, Marsh McLennan has selected seven carbon-offset projects across the world.