New Report for Sustainable Insurance to Tackle Challenges in Industry

 

The Global Network of Insurance Supervisors and Regulators Sustainable Insurance Forum (SIF), a global platform for knowledge sharing, policy dialogue, international collaboration, and identification of best practices for a sustainable insurance system; has released a new report to tackle sustainability challenges within the insurance sector.

The report – Sustainable Insurance, The Emerging Agenda for Supervisors and Regulators – details the need for the insurance industry to scale its efforts to integrate sustainability factors within the regulation and supervision of insurance companies by 2020.

The UN initiative Principles for Sustainable Insurance will be implementing the efforts in tackling sustainability challenges across underwriting and investment.

The report further outlines five steps for insurance professionals: initial assessment; deepening risk analysis; improving information; market transformation; and making systemic linkages.

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