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Australian Pension Fund Pressures QBE on Climate Risk Disclosure

May 5, 2026
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Insurance Journal
Australian Pension Fund Pressures QBE on Climate Risk Disclosure

Story Summary

On May 5, 2026, Australian Ethical Investment Ltd. urged QBE Insurance Group to clarify climate risk exposure and file annual assessments, backing a shareholder resolution supported by roughly 100 investors. QBE rejected the proposal, citing accurate peer-level disclosures and noting that global natural catastrophe losses have exceeded $100 billion annually for six consecutive years.

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