The Grass Is Greener: What the Life Insurer Needs to do to Meet the Needs of the Green Consumer
The world is facing into the crisis of climate change and demanding action. Companies and consumers around the world are demanding their products not only be carbon neutral but rather have a positive impact on the environment. The life insurance industry is not immune to this phenomenon. This presentation will analyse:
- Research that considers the changning habits of consumers and what thay means in for life insurers
- The material isues that companies and actuaries must consider if developing green life insurance offerings; and
- The innovative products from around the world that address this issue This will delve into what these products mean for actuaries in regards to pricing and reserving and talk to professional role that actuaries will have in ensuring the robustness of these products and that they are not simply “greenwashing”
Find the Q&A here: Q&A on 'Life Insurance Products in Contemporary Markets'