The insurance industry’s core strength is assessing and determining how to manage life, health, property and liability risks. ESG risks are no different. In certain areas, notably climate, the insurance industry can play a leading role helping other industries understand and …

New sustainability requirements are changing the business landscape, and insurance leaders are increasingly recognizing the environmental, social and governance (ESG) agenda as an indispensable part of their corporate strategy.

2022年2月1日 · The Special (EX) Committee on Race and Insurance serves as the NAIC’s coordinating body on identifying issues related to (1) race, diversity and inclusion within the insurance sector, (2) race, diversity and inclusion in access to the insurance sector and insurance products and (3) practices within the insurance sector that potentially ...

2024年1月12日 · This paper aims to find out the benefits of ESG in the insurance sector for achieving sustainability. The authors conduct a systematic literature review (SLR) to find and evaluate the ESG in the insurance industry using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) method.

1. Do you have transparency over ESG reporting processes and data collection activities? 2. Do you understand your overall reporting approach including regulatory requirements, framework standards, material topics, priorities and assurance expectations? 3. How do you collect and validate your ESG data and supporting metrics? 4.

the insurance industry journey to reducing carbon emissions is now underway. KPMG firms have experience in helping businesses calculate the impact of their Scope 1, 2 and 3 emissions, and can help them to develop decarbonisation strategies and execute transition plans. This report puts the spotlight on insurance industry

Although the insurance industry (specifically property and casualty insurers) has been proactively monitoring climate risk for years, ESG transformation provides an opportunity to broaden the governance framework to include meaningful controls and processes.

To navigate this, insurers should have a practical, value-driven ESG strategy and transformation plan. In this report, we discuss how insurers can design and deliver an ESG strategy that not only meets compliance requirements, but also delivers significant competitive advantage.

2023年2月13日 · Insurance firms that can capture key ESG risks within their wider risk management framework will be well placed to embed effective strategies and controls to mitigate ESG risks. To achieve this, they need to assess how they're embedding ESG factors within their organisations and progress to date.

2022年6月27日 · The impact of ESG on the insurance industry is broad and multi-faceted, with pressure from clients, regulators, shareholders and wider society. Insurers need to address ESG internally, support clients in covering climate risk and apply ESG standards in …