Investor Presentaiton
ESG is becoming more mainstream in Insurance with the
development of ESG methodologies and frameworks.
Pressure has been mounting on insurers to
further consider ESG issues to meet their
financial objectives.
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Credit rating agencies such as Moody's are
including ESG factors into their ratings to
better evaluate companies' risk of default.
As a result, they have identified high exposure
and extensive vulnerabilities in the insurance
sector.
Insurers are beginning to respond to the
changing landscape.
In 2019, the PSI and Allianz launched the first
guide to managing sustainability risks in
insurance underwriting – providing guidance
on how to integrate ESG risk consideration
into due diligence and core business decision
making.
Other entities have followed suit.
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KPMG
Given insurers' broad asset range of portfolios,
their exposure to ESG risks such as climate
change is increasing, potentially damaging
their value drastically.
Z
ZURICH
Allianz
Aberdeen
Standard
Investments
AXA
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