Insurance industry taking action in addressing climate change, although hurdles still remain

The insurance industry is contributing significantly to building socio-economic resilience to climate change and supporting the transition to a low-carbon economy in their role as risk management experts and investors, although a number of challenges are hindering the industry’s efforts to scale up its contribution, according to a new research report from The Geneva Association, the leading international think tank of the insurance industry.

Climate Change and the Insurance Industry: Taking action as risk managers and investors

This report offers new insights into the role of the insurance industry in addressing the climate change adaptation and mitigation goals. It highlights the insurance industry’s value proposition and efforts to build financial resilience to climate risks and to support the transitioning to a low-carbon economy. It proposes key recommendations for multiple stakeholders.

 

Transparency in products' assumptions a net upside for life insurers - Barry Stowe

Barry Stowe, CEO of Jackson National, discusses how the life insurance industry is adapting to increasing longevity, and the benefits of increased transparency for both insurers and policyholders. Recorded at the 14th Global Ageing Conference in Zurich.

Watch all video interviews recorded at the 14th Global Ageing Conference on our YouTube channel.

Low interest rates like ‘termites in the basement’ for longevity products - Phil Waldeck

Phil Waldeck, CEO of Prudential Retirement, discusses how the life insurance industry is responding to increasing longevity risk in a challenging macro-financial environment. Recorded at the 14th Global Ageing Conference in Zurich.

Watch all video interviews recorded at the 14th Global Ageing Conference on our YouTube channel.

Genetic testing could cause anti-selection, but also have positive impact on in-force book - Christian Mumenthaler

Christian Mumenthaler, CEO of Swiss Re, discusses the impact technology may have on longevity risk, and on the life re/insurance industry. Recorded at the 14th Global Ageing Conference in Zurich.

Watch all video interviews recorded at the 14th Global Ageing Conference on our YouTube channel.

Analysis of past trends and future drivers needed to accurately price longevity risk - Marc Archambault

Marc Archambault, CEO Life and Health at PartnerRe, discusses how the life insurance industry is responding to growing longevity risk. Recorded at the 14th Global Ageing Conference in Zurich.

Watch all video interviews recorded at the 14th Global Ageing Conference on our YouTube channel.

AMR could have significant impact on society & insurance, but has long-term risk horizon – Irene Merk

Irene Merk, Head of Emerging Risk at SCOR Global Life, discusses pandemics and Antimicrobial Resistance (AMR), and what the insurance industry should consider to be prepared. Recorded at the 14th Global Ageing Conference in Zurich.

Watch all video interviews recorded at the 14th Global Ageing Conference on our YouTube channel.

'Excesses' in insurance markets didn't help insurers deal with longevity risk – Greig Woodring

Greig Woodring, retired CEO and President of RGA, discusses what has worked well, and what hasn't, for life insurers as they deal with increased longevity risk. Recorded at the 14th Global Ageing Conference in Zurich.

Watch all video interviews recorded at the 14th Global Ageing Conference on our YouTube channel.

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