Creating long term value – Insurers ask for action so they can contribute to new growth

Insurers could help the global economy fight back to growth, and tackle climate change if issuers and regulators increased opportunities to make low carbon fixed income investments, say ClimateWise members representing more than US$3 trillion in assets under management.

Institutional investors Allianz, Aviva, Legal and General and Swiss Re, with Investment and Pension Advisors Aon Hewitt have today called for action as the business community comes together at the Fifth Global Business Day at the climate negotiations in Durban. The insurers want to draw attention to the gap between the low carbon investment needed and the fixed income carbon investments available.

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