Insurance Industry Joins the World Climate Summit

United Kingdom
ClimateWise
06/23/2010

Insurance Industry Joins the World Climate Summit
ClimateWise, the insurance industry association, founded by HRH The Prince of Wales, that tackles the risks and opportunities of climate change, has joined the World Climate Summit. ClimateWise has more than 40 members representing some of the largest insurance companies such as Allianz, SwissRe, Lloyds and AXA.

"Insurers have a vital role to play in delivering the low climate risk world that will benefit people everywhere. ClimateWise brings together leaders from the global insurance industry to reduce the risks of climate change so we are delighted to partner with the World Climate Summit at this critical juncture to help governments, business and communities accelerate the transition. Delay is not an option." Andrew Torrance, Chairman, ClimateWise and CEO, Allianz Insurance

Michael Mathres, co-Founder of the World Climate Summit said, "The insurance industry has an important role to play in managing the risks and opportunities of climate change. With ClimateWise we will deliver innovative financial solutions from insurers to this global challenge at the World Climate Summit."

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About ClimateWise:

Is the global collaboration of leading insurers focused on reducing the risks of climate change. Launched in 2007 by HRH The Prince of Wales, and facilitated by the University of Cambridge Programme for Sustainability Leadership, ClimateWise brings together over 40 international members from Europe, North America, Asia and Southern Africa. All members commit to action based on the ClimateWise Principles: 1. Lead in risk analysis; 2. Inform public policy making; 3. Support climate awareness amongst our customers; 4. Incorporate climate change into our investment strategies; 5. Reduce the environmental impact of our business; 6. Report and be accountable.

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