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Corporate Governance Environmental Social & Governance (ESG) Insurance Industry

Hinshaw & Culbertson - Insights for Insurers

Sustainability Recalibration: What Insurers and Policyholders Should Know About ESG Under Trump 2.0 Part 2

Environmental, social, and governance (ESG) criteria or standards or sustainability issues have impacted all sectors of society, including corporate and professional policyholders and their risk managers, insurance...more

Fenwick & West LLP

EY Survey Reveals Emerging 'Say-Do' Gap between Sustainability Reporting and Investing

Fenwick & West LLP on

EY just released its 2024 Institutional Investor Survey, for which it surveyed 350 investment decision-makers from institutions around the world, including asset management firms, wealth management firms, insurers and pension...more

Latham & Watkins LLP

ESAs Propose New SFDR Classification System

Latham & Watkins LLP on

The ESAs urge the European Commission to consider a labelling rather than a disclosure regime to help consumers understand the sustainability goals of financial products....more

McDermott Will & Schulte

US Insurers: Climate Change Disclosure Litigation and Data Calls Await

The climate change landscape for insurers has changed dramatically this past month. There are multiple developments insurers should keep in mind – and not just the US Securities and Exchange Commission’s (SEC) recent adoption...more

Herbert Smith Freehills Kramer

NAIC Adopts ESG Statement

On Feb. 21, 2024, the National Association of Insurance Commissioners (NAIC) announced that it had adopted the NAIC Statement on Environmental, Social, and Governance Policies for the insurance sector. The 50-plus state and...more

J.S. Held

2024 J.S. Held Global Risk Report: New Laws Addressing the Risks and Rewards of Artificial Intelligence (AI)

J.S. Held on

The race to develop AI and calls to regulate it are heating up around the world. In November 2023, 28 countries, including the United States, United Kingdom, China, and the European Union, met and pledged to work together to...more

Skadden, Arps, Slate, Meagher & Flom LLP

Climate Change and Its Undeniable Impact on Insurance: How To Respond?

Models that have historically been used by insurers to hedge risk were not designed to predict uncertain events such as natural disasters that may be exacerbated by climate change. This now leaves insurers overexposed to...more

Hinshaw & Culbertson - Insights for Insurers

What are the Insurance Implications of Proposed Anti-ESG Legislation in Texas and Elsewhere?

In a recent Law360 article, we explored some of the implications of a recently proposed anti-ESG bill being considered by the Texas legislature. However, we thought the issue merited some follow up analysis....more

Holland & Knight LLP

En Colombia se publica proyecto de documento técnico sobre asuntos ASG en el sector asegurador

Holland & Knight LLP on

La Superintendencia Financiera de Colombia (SFC) publicó para comentarios el Proyecto de Documento Técnico No. 01 de 2023, titulado "Administración de Riesgos y Oportunidades Climáticas para el Sector Asegurador", por medio...more

Hogan Lovells

UK Insurance Horizon Scanner – January and February 2023 edition

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A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the next couple of months....more

Faegre Drinker Biddle & Reath LLP

Insurance Companies: ESG Investing in Real Estate

Historically, insurance companies have filled a vital role in the U.S. economy by investing heavily in various real estate assets. Such investments have spurred municipal infrastructure improvements and financed the...more

Conyers

Conyers Coverage November 2022 – Issue 8 – Cayman Islands

Conyers on

A very warm welcome to our eighth edition of Conyers Coverage. As we start to wind down on 2022 #TeamConyers is already reflecting on what a hectic and exciting year it’s been for the Cayman Islands (re)insurance industry –...more

Woodruff Sawyer

D&O Looking Ahead Guide - D&O Considerations for 2023

Woodruff Sawyer on

The first half of 2022 brought rapid and dramatic change to the world of US public company D&O insurance. It feels like 2021 is a distant memory: the hot IPO market has cooled, SPAC IPOs have ground to a near halt, and...more

Miles & Stockbridge P.C.

Where Does ESG-Related Disclosure Reporting Stand?

Our earlier blog post, “Companies Should Know Benefits and Risks of ESG Reporting,” provided an overview of the Environmental, Social and Governance (“ESG”) metrics, why these metrics are important to companies and...more

Hogan Lovells

March 2022 - Insurance Hot Topics Horizon Scanner

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A snapshot of key market and regulatory developments expected to impact the UK insurance sector over the summer. New legislation outlined in the Queen's Speech to be introduced to Parliament...more

Hinshaw & Culbertson - Insights for Insurers

Comments Due to the Federal Insurance Office on its Wide-Ranging Work Relating to the Insurance Sector and Climate-Related...

President Biden’s May 20, 2021 Executive Order on Tackling the Climate Crisis at Home and Abroad set forth the Administration's policy to “organize and deploy the full capacity of its agencies to combat the climate crisis to...more

Akin Gump Strauss Hauer & Feld LLP

Treasury Department Seeks Public Input on Insurance Sector and Climate-Related Financial Risks

The November 15, 2021, deadline is approaching to submit comments to the Treasury Department’s Federal Insurance Office (FIO) on its Request for Information (RFI) seeking input on FIO’s future work concerning the insurance...more

American Conference Institute (ACI)

[Virtual Conference] Regulatory Compliance for Financial Institutions - November 23rd - 24th, 8:45 am - 5:00 pm EST

ACI’s 27th Annual Flagship Conference on Regulatory Compliance for Financial Institutions will take place virtually on November 23 – 24, 2021 (EST). Join regulators and industry peers for a series of in-depth discussions...more

Hinshaw & Culbertson - Insights for Insurers

Insurers Take the Lead on ESG/Sustainability Initiatives

Environmental, social, and governance (ESG) criteria or standards – often referred to simply as sustainability – are having an impact on all sectors of society, including corporate, entity, and professional policyholders and...more

Bass, Berry & Sims PLC

A Glimpse into Required Climate Risk Disclosure Considerations by the SEC

On July 28, Securities and Exchange Commission (SEC) Chair Gary Gensler delivered remarks at the Principles for Responsible Investment’s Climate and Global Financial Markets Webinar. In his remarks, he offered a glimpse of...more

Hogan Lovells

New Release: Insurance Horizons Brochure 2021

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The global pandemic brought a wave of changes and developments that have impacted, and continue to impact, the insurance sector. As we look ahead, we see further change on the horizon. Around the world, we continue to...more

Latham & Watkins LLP

FCA Proposes New Climate-Related Disclosure Regime

Latham & Watkins LLP on

The FCA is proposing a disclosure regime for asset managers, life insurers, and pension providers. On 22 June 2021, the FCA published a Consultation Paper (CP21/17) on introducing climate-related financial disclosure...more

Eversheds Sutherland (US) LLP

Taking stock - Environmental, social and governance (ESG) considerations

ESG will be front and center in the SEC’s 2021 agenda. Our ESG Matrix can help establish a baseline for compliance by SEC-regulated funds, investment advisers, private funds and insurance companies. The Matrix covers...more

Troutman Pepper Locke

The Importance of Environmental, Social, and Corporate Governance

Troutman Pepper Locke on

Climate change has shown many investors, regulators, and lawmakers that it is a threat to financial stability. Environmental, social, and governance (ESG‎) has allowed everyone from regulators to consumers to take active...more

Latham & Watkins LLP

Sustainable Finance and Climate Change Risk in Financial Services - March 2020

Latham & Watkins LLP on

Financial services regulators have been particularly vocal in the last 12 months, specifically about the impact on the financial services sector as the world experiences, and attempts to respond to, climate change. Mark...more

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