Generali defines a framework for the structuring of green ILS

Global insurer Generali has developed its first green insurance linked securities framework, in line with the group’s sustainability strategy. More specifically, the initiative is closely related to the Generali Green Bond Framework published in September 2019. The new framework has also received a second party opinion from Sustainalytics, a company that rates the sustainability of listed companies based on their environmental, social and corporate governance performance.