Climate transition biggest ‘underwriting and investment opportunity’ in generation: Lloyd’s Neal
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Climate transition biggest ‘underwriting and investment opportunity’ in generation: Lloyd’s Neal

Neal Robusto Zaffino green city.jpg

Lloyd’s CEO John Neal has said the prospects of climate change could present the industry with its greatest “underwriting and investment opportunity” in a generation, but cautioned that it would require a commitment by the industry to be both “smart and brave”.

Speaking on a panel Thursday at the annual S&P Global Ratings Insurance Conference, Neal said that transitioning to more sustainable business practices poses a monumental challenge, but one that has the potential to drive a positive outcome if those...

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