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The Insurance Industry: Sustainable Investment to Achieve the SDGs


Event Details


Organized by:

World Bank Group (WBG) – Managing Director and CFO Office and Financing for Development Team in partnership with the Senior Vice President Office for the 2030 Development Agenda, UN Relations, and Partnerships (SVPMM) and in collaboration with Finance, Competitiveness and Innovation (FCI) Global Practice.

Summary:

The concept of insurance for development has traditionally focused on risk mitigation solutions that enhance socio-economic resilience, helping countries be better prepared to prevent and/or mitigate the economic impact of natural disasters. However, the role of the insurance industry has substantially widened in recent years. An increasing number of insurance companies recognize the importance of sustainable investment strategies and are informing policyholders on potential benefits and risks, consistent with their long-term obligations. This event will bring together policymakers, regulators and the insurance industry for a strategic dialogue to raise awareness of current progress and discuss opportunities for insurance companies as investors supporting the Sustainable Development Goals (SDGs).

Related information:

Contact:

Demet Cabbar, dcabbar@worldbank.org