How can the insurance industry be more sustainable?
This article was produced by BNP Paribas Asset Management as part of their valued Industry Partnership to Insurance Investor
Insurance Investor sponsored contentposted on Thursday, October 07, 2021
Sustainability issues such as climate change have been gaining more attention among insurance companies since they face a unique set of challenges. Natural catastrophes arguably affect their performance more than that of other financial institutions given their roles as underwriters of property risks and investors in real assets.
Yet, a recent survey found that one-third of regulators did not know how prepared insurers were to respond to the impact of climate change on their financial stability.