Managing climate change risk for insurers

Disclaimer Robeco Switzerland Ltd.

The information contained on these pages is solely for marketing purposes.

Access to the funds is restricted to (i) Qualified Investors within the meaning of art. 10 para. 3 et sequ. of the Swiss Federal Act on Collective Investment Schemes (“CISA”), (ii) Institutional Investors within the meaning of art. 4 para. 3 and 4 of the Financial Services Act (“FinSA”) domiciled Switzerland and (iii) Professional Clients in accordance with Annex II of the Markets in Financial Instruments Directive II (“MiFID II”) domiciled in the European Union und European Economic Area with a license to distribute / promote financial instruments in such capacity or herewith requesting respective information on products and services in their capacity as Professional Clients.

The Funds are domiciled in Luxembourg and The Netherlands. ACOLIN Fund Services AG, postal address: Leutschenbachstrasse 50, CH-8050 Zürich, acts as the Swiss representative of the Fund(s). UBS Switzerland AG, Bahnhofstrasse 45, 8001 Zurich, postal address: Europastrasse 2, P.O. Box, CH-8152 Opfikon, acts as the Swiss paying agent.

The prospectus, the Key Investor Information Documents (KIIDs), the articles of association, the annual and semi-annual reports of the Fund(s) may be obtained, on simple request and free of charge, at the office of the Swiss representative ACOLIN Fund Services AG. The prospectuses are also available via the website https://www.robeco.com/ch.

Some funds about which information is shown on these pages may fall outside the scope of CISA and therefore do not (need to) have a license from or registration with the Swiss Financial Market Supervisory Authority (FINMA).

Some funds about which information is shown on this website may not be available in your domicile country. Please check the registration status in your respective domicile country. To view the Robeco Switzerland Ltd. products that are registered/available in your country, please go to the respective Fund Selector, which can be found on this website and select your country of domicile.

Neither information nor any opinion expressed on this website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco Switzerland Ltd. product should only be made after reading the related legal documents such as prospectuses, annual and semi-annual reports.

By clicking “I agree” you confirm that you/the company you represent falls under one of the above-mentioned categories of addressees and that you have read, understood and accept the terms of use for this website.

Managing climate change risk for insurers

No sector is more exposed to the harsh reality of climate change than insurers. Rising claims need to be backed by a solid set of assets that can sustainably support liabilities in the years to come. Therefore, the need to make investments more sustainable and mitigate climate risk in insurer’s portfolios is growing, particularly as regulators around the world take a tougher stance.

With these challenges, however, there are also great opportunities for the insurance industry to benefit from an inevitable and promising structural change in the investment and underwriting business. As the world sets goals for net zero emissions, huge opportunities are appearing in investment arenas such as renewable energy and decarbonization technology.

Meanwhile, regulation is increasing and society’s expectations for the financial industry to act on global warming are growing. So what are insurers to do?

In this article we examine the role of insurance regulators in providing guidance on implementing climate-related risks. This is particularly relevant in the area of climate risk stress testing, where a range of potential scenarios are considered in order to assess possible financial impact on insurers.

A regional overview provides us with the latest developments in climate risk management across Europe and the Asia-Pacific. Finally, we share our thoughts on the impact of climate risk on insurance capital requirements, by showing how Robeco incorporates climate risk stress testing scenarios into its own solvency assessments.

Read the full article