Environmental Risks and the Insurance Industry: Stepping up actions 

There is growing evidence of the large-scale impacts of human behaviours on the environment, with serious knock-on effects for society. Important actions are underway: sustainable finance initiatives, the Task Force on Nature-related Financial Disclosures (TNFD), and for re/insurers, overall greater emphasis on Environmental, Social and Governance (ESG) approaches to investing and underwriting.

The Geneva Association’s Climate Change & Environment Conference, held virtually on 23 June 2021 and co-organised with Swiss Re, explored the many implications of environmental risks for re/insurers.

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