Blogs

  • Good COP, Bad COP? Insurers and the call to arms against climate change

    01/12/2021

    COP 26 had an air of energy, motivation and urgency about it that inspires cautious optimism, yet the scale of the challenge is daunting. Government policy, regulation and customer demands means that joining the race to net zero is no longer optional and insurers have a key role to play in both adaptation and mitigation. One of these roles is as investors in the transition: Solvency II and climate change will be the twin themes of our prudential regulation session at the ABI’s annual conference next year, which will be a timely opportunity to debate reform and the government’s investment objectives.

  • Helping Customers navigate the transition to Net Zero

    17/11/2021

    In advance of our Annual Conference 2022, our Climate Change Manager, Ben Howarth, looks at how the General Insurance sector can start to support consumers with the Net Zero transition.

  • Reflections on COP26

    15/11/2021

    Ben Wilson, Director of Corporate Affairs and Climate Change, blogs here on his reflections of the COP26 climate summit and the next steps to fully unlock the potential of our sector to support collective efforts to reach Net Zero

  • Landmark IPCC Report emphasises the scale of the challenge for our sector

    10/08/2021

    The IPCC’s report on the physical science of climate change provides stark evidence of the impact greenhouse has emissions have already had on weather patterns and water systems. In this blogpost, we summarise the conclusions and suggest the two key takeaways for our sector.

  • Racing climate change: how insurers are picking up speed

    16/07/2021

    Climate change related financial risk is firmly on the agenda and minds of financial firms across the UK as they prepare for the first formal Climate Biennial Exploratory Scenario this year. Getting these things right take proper planning and Board level involvement. However, companies must remember this is a marathon, not a sprint.

  • Is your data contributing to Global Warming?

    05/07/2021

    Global communication network

    An often-overlooked aspect to firms’ Climate and Sustainability agenda is the serious and significant environmental impact of excessive data storage. The attached blog sets out related considerations and the ways in which the Privacy and Environmental Sustainability agenda can align to support firms’ efforts to reduce their own emissions.

  • Building resilience in a fragile world

    28/06/2021

    Ray Dhirani – Head of Sustainable Finance, WWF-UK

    Shall we invest in projects that get us deeper into the climate crisis? Or in the solutions that could get us out of it? Find out how ABI members can come to the rescue.

  • Watching the wolf: Why the climate emergency threatens us all

    26/03/2021

    Blog based on the opening remarks by Sir James Bevan, Chief Executive of the Environment Agency at the Association of British Insurers’ Annual Conference, 23 February 2021

  • The Role of Pensions in Driving ESG Investment

    24/02/2021

    Interest in Environmental, Social and Governance (ESG) investing has grown significantly in recent years with consumers, driven by Generation X and millennials...

  • Climate change: insuring a net-zero world and financing the journey to get there

    04/02/2021

    Ahead of the ABI's Annual Conference 2021, Matthew Francis, KPMG, blogs about the role of the insurance and long-term savings industry in responding to climate change.