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TMCNet:  A.M. BestTV: Insurance Executives Promote Green Investments, Climate-Proofing Cities at UN Summit

[January 20, 2014]

A.M. BestTV: Insurance Executives Promote Green Investments, Climate-Proofing Cities at UN Summit

OLDWICK, N.J. --(Business Wire)--

In this episode of A.M. BestTV, insurance executives at the 2014 Investor Summit on Climate Risk at the United Nations discuss opportunities they believe are worth seizing in the areas of making cities climate-proof, along with green investments. J. Eric Smith, president and CEO of Swiss Re Americas, discusses how making urban areas more resilient intersects with climate change. "As the climate changes and as more and more people move to cities, our population and our businesses are more exposed to weather-related catastrophes." Cecilia Reyes, chief investment officer at Zurich Financial Services Group, said the company's responsible investment strategy is about generating competitive financial returns and positive societal impact. "Responsible investing is all about Zurich doing well, and doing good, at the same time," Reyes said. Zurich's strategy includes green bonds, which finance environmentally friendly projects. Reyes said they are a strategic component of Zurich's allocations to fixed-income assets. Click on http://www.ambest.com/v.asp?v=climate114 to view the video program.


People who appear in this episode include:

  • J. Eric Smith, President and CEO, Swiss Re Americas
  • Cecilia Reyes, Chief Investment Officer, Zurich Financial Services Group
  • Mindy Lubber, President, Ceres
  • Kathy Calvin, President and CEO, United Nations Foundation

A.M. BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M. BestTV episodes at www.ambest.tv.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2014 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.


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