AXA says it made greener investments in 2019

spike

AXA, in its 2020 Climate Report released on Friday, said that it made greener investments in 2019, moving closer to the targets of the Paris Agreement on climate change.

The report, the insurer said, meets both a legal obligation established by French law on energy transition for green and ecological growth, as well as the approach of the Taskforce on Climate-related Financial Disclosures (TCFD) that AXA has supported since its creation.

By end-2019, AXA said that its “warming potential” was 2.8°C, down compared to 2018 (3°C) and below the market average (3.6°C).

The “warming potential” is the report’s main indicator

Read More

How have insurance companies faced COVID-19?

spike

Amid the COVID-19 pandemic, and with social distancing protocols in place, businesses have had to move their employees to work from home while continuing to provide clients with key services. In line with this, employers are faced with the challenge of assisting their team in this necessary change to their day to day operations.

Insurance Business wants to uncover the absolute best workplaces in Asia’s insurance industry for its inaugural Top Insurance Workplaces report. This is a great opportunity for employers to offer insight into how they have fared over the past 12 months, not only during normal day-to-day operations,

Read More

Lloyd’s Lab reveals COVID-19 program

spike

Lloyd’s of London’s innovation accelerator Lloyd’s Lab will be holding a COVID-19 program to help start-ups and the insurance marketplace quickly bring to market coronavirus-related products and innovations.

“As part of its package of measures to respond to the COVID-19 pandemic, Lloyd’s has reimagined and expanded the scope, process, and timings for new applicants to the Lloyd’s Lab innovation accelerator,” explained the centuries-old exchange.

The trio of participants coming onboard on July 13 are Metabiota, Praedicat, and Dialogue. Metabiota is advancing the science of modelling infectious disease outbreaks and estimating their socioeconomic effects, while Dialogue is focussed on credit and

Read More

Future of digital commerce and payment in a digital society

spike

To remain competitive and optimise customer satisfaction, application leaders responsible for digital commerce must anticipate the future of consumer payments. Payments have the potential to be entirely cashless, but may bring additional challenges in reliability, security and convenience.

The future of commerce payments in a digital society will be largely shaped by four key developing trends observable in the market today. (See below) This Gartner based research note aims to help understand the current trajectory and future impact of these trends and to prepare for the future of digital payments within your organisation.

Mobile Payment and Digital Wallets

Payments in

Read More