Climate change: is there a moral obligation for the re/insurance industry?

Climate change is here, and it is here to stay, but what are the responsibilities of the re/insurance industry and what role will it play in partnership with other stakeholders? Intelligent Insurer reports.

Is there a moral responsibility for the re/insurance industry to address climate change? And how is the industry responding to this issue? These are contentious questions but ones the industry is already grappling with. At the same time, could there be more collaboration between the public and private sectors to address this global challenge?

These were some of the main talking points from a panel discussion titled “What climate change means for re/insurers” during which experts debated the moral obligations for the industry.

The discussion took place on Intelligent Insurer’s Re/insurance Lounge, an online platform where interviews and panel discussions are available on demand.