Aviva sticks to climate goals in the face of net zero thrust in the United States and Britain |

Aviva CEO Amanda Blanc reiterated insurers’ commitment to climate goals, facing a sharp overturn of net-zero ambitions for the United States and the United Kingdom.

Her comments were posted on Aviva’s stock market Thursday, with investors cheering for increased profits and investors’ new charge value of 13.1pa.

Blank told reporters that insurance companies have no plans to drive climate transition, which she said is an important step to address further rise in extreme weather events affecting their insurance business.

“We are still committed to our ambitions,” she said Thursday. “It’s also an important priority for many of our clients, but I always put it in the context of extreme weather conditions, climate change and the impact on the insurance business that actually secures real estate.”

Bronck, become the commander of his wife The Honors List was in December 2023, partly due to her clean service, “If you think about the last few years: the wildfires we saw in Canada last year, the flooding in the UK, the frequency of these weather events, then we do think that’s something we have to think very carefully – with the insurability of these properties with climate change.”

When Trump returned to the White House, finance companies faced pressure from green commitments, and her comments were posted. Promote higher oil and gas production.

After that, a wave of Bank of America wasted membership of the Net Zero Banking Alliance, posing doubt on the future of the climate collective. The remaining banks in the distance include JP Morgan, Citigroup, Bank of America, Morgan Stanley and Goldman Sachs. UK lenders HSBC and Barclays follow.

These departures led to the division of the financial world. Standard Charter CEO Bill Winters condemned the competitors for jumping on climate trends when it was “fashionable” but has since returned to green ambitions or quietness on the topic. “Shame of them”he said last month.

Blanc noted that this year Aviva has released a new net zero transition plan involving plans to reduce its direct operations from direct operations by 90% by 2030, compared with 2019, and buying all electricity from renewable energy. Customer-related emissions are a “more complex” issue, she said, but “we will pay close attention.”

“It is important for us to provide options for investors, clients or people who want to invest in the funds, while also considering the practical aspects of our insurance business itself,” she said.

Aviva reported operating profits rose 22 per cent in the six months to June, up from £875 million a year ago, as a result of strong growth in general insurance premiums in the UK and Ireland, as well as more assets flowing into its wealth business. Its share price jumped 4.7% to £6.90.

Competitor Admiral’s stock report said half-year profits increased by 67% to £516m as competitive pricing helped boost performance in its UK auto insurance division.