InsuranceERM has today published a special supplement on climate change and the insurance sector, which brings together thoughts from the industry, regulators and campaigners on the management of climate risk and the transition to net-zero emissions.
In the run-up to the UN’s COP26 climate change talks in Glasgow this month, every industry will be highlighting how it can contribute to global efforts to reduce greenhouse gas emissions and help with adaptation to climate change.
Insurers are uniquely exposed to the risks from climate change, through their underwriting of property and liability risk, and the assets they hold. On the flip side, there are plentiful opportunities for insurers to grow their business as new risks emerge.
The free supplement aims to cover both these elements. It features:
- A keynote Q&A with Don Forgeron, president of the Global Federation of Insurance Associations
- Anna Sweeney, Sustainable Insurance Forum chair and executive director at the Bank of England, on the supervisory response to climate risk
- Insure our Future's Peter Bosshard on how insurers can regain climate leadership
- A guide to climate disclosure, by Moody's Analytics
- Simon Gadd reveals how Legal & General is moving towards net-zero emissions
- Approaches to managing climate risk in investment portfolios, by Conning
- A roundtable of leading chief risk officers discussing how they are tackling climate-related risks
- An update of our Most Influential on Climate Change list, with seven new entrants and updates from some of our previous nominees
The supplement is rich in best practice and learnings. It can be downloaded here.