Climate transition biggest ‘underwriting and investment opportunity’ in generation: Lloyd’s Neal

Eli Rallo

June 10, 2021

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Lloyd’s CEO John Neal has said the prospects of climate change could present the industry with its greatest “underwriting and investment opportunity” in a generation, but cautioned that it would require a commitment by the industry to be both “smart and brave”.

Speaking on a panel Thursday at the annual S&P Global Ratings Insurance Conference, Neal said that transitioning to more sustainable business practices poses a monumental challenge, but one that has the potential to drive a positive outcome if those...

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Climate transition biggest ‘underwriting and investment opportunity’ in generation: Lloyd’s Neal

Lloyd’s CEO John Neal has said the prospects of climate change could present the industry with its greatest “underwriting and investment opportunity” in a generation, but cautioned that it would require a commitment by the industry to be both “smart and brave”.

Fuel a smarter strategy with our actionable market intelligence

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Climate transition biggest ‘underwriting and investment opportunity’ in generation: Lloyd’s Neal

Lloyd’s CEO John Neal has said the prospects of climate change could present the industry with its greatest “underwriting and investment opportunity” in a generation, but cautioned that it would require a commitment by the industry to be both “smart and brave”.

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Fuel a smarter strategy with our actionable market intelligence

Topics

CDI Commissioner Lara finalizes wildfire zone writing, cat model regulations

Aspen Q3 CoR up 2.5 points to 95.2% driven by reinsurance cat losses

Loeb’s Third Point exits AIG position after nearly two years

Twia estimates Beryl losses equivalent to cat fund balance at $455mn

NCCI snags Allianz commercial chief Ryan as new president and CEO

CDI Commissioner Lara finalizes wildfire zone writing, cat model regulations