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How ESG is both lowering and raising insurers’ risk

Panellists at AsianInvestor’s Insurance Investment Week said environmental, social and governance (ESG) factors can help long term investing but complicate insurance risk pricing.
How ESG is both lowering and raising insurers’ risk

Insurers have a stronger impetus than other financial services companies to be ESG-friendly to minimise investment risks over the long term and to avoid damaging the environment in which their customers live. But the expansion of sustainability principles can also complicate their ability to assess and accurately price insurance risk coverage and potentially add to their business risk, say senior insurance executives.

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