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Insurance leaders to meet at UN HQ

Delegates at the International Insurance Society’s (IIS) global forum in New York next month will spend a day at the United Nations headquarters discussing a range of industry-related issues.

The forum on June 14-17 will move from its base at the Waldorf-Astoria hotel to spend the final day discussing such topics as the growing role of insurance, regulation, how insurers can invest in resilience and sustainable growth, risk modelling and disaster insurance.

Discussions will also focus on the continuing development of the UN Environment Program Financial Initiative – Principles for Sustainable Insurance. 

The program’s executive director is UN Under-Secretary-General Achim Steiner. He says insurers are responding to environmental, social and governance issues, and sustainability principles for the global insurance industry “can catalyse and amplify transformational change”.

Speakers at the wider conference will include AIG CEO Peter Hancock, Google Chief Internet Evangelist Vint Cerf, WR Berkley Chairman and CEO William Berkley, Association for Co-operative Operations Research and Development President and CEO Greg Maciag and Guy Carpenter Chairman Britt Newhouse.

Subjects up for discussion include natural catastrophe and terrorism risk pools, environment and pollution issues, and the need for public-private projects when insuring against extreme events.

Organisers expect the forum to attract more than 500 industry “leaders and scholars” from around the world.

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