Climate change is the single most significant problem faced by our world. More than a 1.5 degree C rise in global temperatures will mean widespread devastation on a scale never witnessed before. New frameworks to support Sustainable Insurance and Finance are emerging in response to this crisis.

The insurance sector is specifically tasked with a critical role in preventing, reducing and providing resilience against ESG and Climate Change risk for the benefit of all economic sectors.

ESG risks impact the vast majority of economic sectors and activities traditionally insured by the industry including, property, liability, workers compensation, health and safety, construction and engineering, cyber, directors’ and officers’ liability, financial lines, marine hull and cargo, protection and indemnity, aviation and cargo, supply chain disruption, business interruption and life and health.