ABIR Op-Ed: Working Toward A Sustainable Future (Insurance Information Institute)

ABIR Op-Ed: Working Toward A Sustainable Future

  Thursday, April 22nd, 2021 Source: Insurance Information Institute

As we celebrate Earth Day, it’s important to remember that every day is Earth Day in the re/insurance industry.

Our industry plays a critical role in developing innovative adaptation solutions, in measuring and pricing climate risks to inform risk management, and in providing economic support to people and communities when disasters strike.

Climate risk is a priority for member companies of the Association of Bermuda Insurers & Reinsurers (ABIR). They bring their expertise, innovation, commitment and claims paying capacity to secure a more resilient world.

With partners from government, our internationally recognized consolidated regulator the Bermuda Monetary Authority (BMA), and the re/insurance industry with its historic legacy of leadership in responding to global natural catastrophes, Bermuda has the foundational elements to become a leader in climate risk finance.

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