UK-listed insurer will cut carbon intensity of its investments 60% by 2030

Large, unreconciled premium payments can lead to auditing failures for insurers, damage client relationships and, ultimately, the reputation of the insurer and that of the industry

Premiums should grow in 2021, but fierce competition could hold back rate increases in the post-pandemic recovery

The climate aspect of ESG has become central to stakeholders’ concerns about the appetite of insurers to improve their governance structures and ability to build resilience to systemic risks

Careful stewardship of insurers’ capital positions will be required next year, particularly among carriers that cannot easily access debt or acquire straightforward equity capital

A rapid market rebound has put insurers’ investment portfolios back into positive territory for 2020, but generating returns will only get harder in 2021

The fault lines in the credit sector are beginning to show, but stress and scenario testing can mitigate the financial impact on their investment portfolios and governance frameworks

Accounting and settlement in the insurance industry is still dominated by manual processes and lack of data integration, resulting in the slow transfer of funds

The insurance industry and capital markets can mitigate some of the physical impacts of climate change, but infrastructure investment and regulation will be critical in reducing the underlying risk