ESG and insurance

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What is ESG?

Environmental, social, and governance (ESG) considerations are increasingly high priorities for businesses as regulations become more prevalent and stakeholder expectations increase globally.

The term ‘ESG’ encompasses three pillars which are often interlinked and include some of the following:

  1. •

    environmental—this involves assessing the environmental impacts of an organisation’s business activities. For example, emissions, pollution, water consumption, and waste caused as a result of their operations

  2. •

    social—looks at potential human

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Insurance & Reinsurance weekly highlights—12 June 2025

This week's edition of Insurance & Reinsurance weekly highlights includes: War risk insurers held liable for jets stranded in Russia (AerCap Ireland Ltd v AIG Europe SA and another); UK ransomware ban could boost cost of cyber-insurance; UK insurers abusing dishonesty defence, legal body warns; Insurers Using More 'Sweep-Up' Clauses In Policies; Lloyd's broker faces 2027 trial over US$3m bribery scheme; UK needs modern sanctions rules, ex-Lord Chancellor warns; Solvency II—Commission consults on draft delegated decision regarding provisional equivalence for third-country insurers within EU-headquartered groups; plus dates for your diary and key recent cases.

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