Can the insurance industry unite to provide better climate solutions?

19-01-2021

Can the insurance industry unite to provide better climate solutions?

Is it time for the industry to work together to tackle the challenges and reap the rewards of a collective approach to climate change? Intelligent Insurer’s Re/insurance Lounge hosted a discussion with industry experts to envision a way forward.

With the UN secretary general’s call in December 2020 for all countries to declare climate emergencies, a change in the resident of the US White House in January 2021 to a leader who recognises the threat of climate change, and the scheduled COP26 meeting in Glasgow, UK, to discuss global environmental targets in November 2021, climate change is squarely on the agenda for world leaders in the year ahead.

For the insurance industry, the question of a collective response has been a topic of discussion for a while, but as yet there is no formal industry consensus on how to work together across all the issues it covers and what stance to take.

Intelligent Insurer’s Re/insurance Lounge brought together five industry experts to discuss a way forward that could bring the industry together to pull in one direction, in a panel discussion titled “Climate change: is it time the industry took a stance?”.


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