Framework launched to help investors assess corporate climate targets & more…Keep up with what has been happening this week in our latest actuary news round-up…

Framework launched to help investors assess corporate climate targets

The Transition Pathway Initiative (TPI) has launched a new framework to help investors assess corporate climate targets in 10 key high-emitting sectors within energy, transport and industrials.

Global pension assets soar to record $56trn

Institutional pension fund assets in the 22 largest markets (P22) soared to a record $56.6trn (£42trn) at the end of 2021, and have almost doubled over the last decade, new analysis has found.

Solvency II reforms risk ‘increased volatility’ to insurers’ funds

Reforms to Solvency II being explored by the Prudential Regulation Authority (PRA) risk increased volatility and a material reduction in funds held by UK insurers to withstand shocks, new analysis suggests.

Fourth-busiest year for insurance M&A recorded

Last year was the fourth-busiest for mergers and acquisitions (M&A) within the global insurance industry, with the pandemic encouraging companies to seek alternative routes to growth.