The Lloyd’s insurance and reinsurance market has put out a call for a coordinated effort to enhance the disaster resilience of developing and developed economies, by bringing together the re/insurance sector with investors and governments to create new financial solutions.
Lloyd’s launched a new report today called Insuring a sustainable, greener future, which it says “sets out how the insurance industry will partner with critical industries to support and accelerate the transition to a low carbon economy.”
The report highlights ambitions to put the global insurance and reinsurance industry’s roughly $30 trillion of capital to work in green, climate-positive and resilience focused investment, risk transfer and innovation.
FULL ORIGINAL PUBLICATION HERE
