London market has ‘real opportunity’ to be ‘an innovator’ for climate change transition risks

london business trading

Brokers, insurers, regulators and markets all have a role to play in supporting the transition to net zero carbon emissions

The (re)insurance industry – and the London market in particular – “can actively be a positive force” when it comes to creating propositions and supporting net zero transition risks because it can pull on its “long history of innovation” and “risk engineering skills”, according to professional services firm PricewaterhouseCoopers (PWC).

Speaking exclusively to Insurance Times at the Rendez-Vous de Septembre conference in Monte Carlo this month, Andy Moore, PWC partner and Lloyd’s and London market leader, emphasised that the London market is ideally placed to be an “innovator” when it comes to supporting the drive to net zero carbon emissions.

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