Elon Musk recently tweeted “ESG ratings make no sense”… is he right?
Boards of (re)insurance companies are increasingly aware of the importance of incorporating ESG considerations in business decisions. Whereas the Environmental component (E) of ESG is often better understood, the Social (S) and Governance (G) components are frequently internally-looking and under-represented in insurers’ approaches. Meanwhile, ESG vendors are shaping the ESG-universe and are driving change despite the relative immaturity of their platforms. Gallagher Re has invested heavily in the understanding of external ESG vendors but also in developing analytical capabilities for client portfolios. The aim is to help its clients improve their relative ESG position thus better equipping them to engage with the topic and preparing them for the future. This webinar expands on the common ESG approaches seen in insurance, discuss the current ESG reinsurance trends, and provide insights on the ESG platforms commonly used by insurers.
- Alex Ntelekos, Regional Director, Head of Public-Private Solutions, EMEA, Gallagher Re