“The global reinsurance industry has struggled to source, develop, and trade in ESG transactions. From concerns about being too far from the risk to influence the behavior of insureds to questions about the cost of green transactions, the result has been an industry commitment to ESG that has largely fallen flat”, explains Tom Johansmeyer, Global Head of Index Classes, Inver Re.

He will provide an in-depth view on the relationship between ESG and the reinsurance field at IIF 2024 – ESG IN INSURANCE Conference. This session will not only discuss how to integrate ESG deals organically into the reinsurance market but will also highlight specific use cases that have not only demonstrated a real ESG commitment, but also done so in a way that shows how sustainable business can be done with sustainable profitability. 

The "G" part in the ESG concept - Corporate Governance – will be the main focus of the presentation given by Sinisa LOVRINCEVIC, CEO, REIMPACT Re Ltd, Insurance and Reinsurance Broker. He will talk about practical reinsurance underwriting in non-life, as well as key takeaways from renewal January and April 2024 across EMEA, CEE.

The panel of discussions concluding the third part of the conference will focus on the role of reinsurance in reducing the protection gap. Gerald KLEMENSICH, Head of Reinsurance dept., VIG, Austria, Nicoleta RADU, CEO, PAID Romania and Menekse UCAROGLU, CEO, IUC Group will share their views in a lively dialogue with the conference Chair, Prof. Karel Van HULLE, Professor, KU Leuven - Goethe University Frankfurt, Germany.

IIF 2024 – ESG IN INSURANCE Conference is a top-level environment for exchanging business insights on the future outlook for the insurance industry and how it will be shaped by sustainability, technological, regulatory and distribution drivers. The conference will focus on some of the main aspects that incorporating ESG goals may have on insurers’ business, both as risk undertakers and strategic investors. Incorporating ESG goals both in insurance underwriting and shaping insurers’ investment policies, especially in challenging context created by the climate change are among the main topics, as well as the regulatory approach.

More details on the conference, as well as online registration are available on the conference website.