Earth Security has joined the Principles for Sustainable Insurance (PSI) as a supporting institution, strengthening Earth Security's commitment and network to support the insurance sector’s advancement of resilient growth strategies in emerging economies.
As of July 2014, 70 organisations have adopted the Principles, including insurers representing approximately 15% of world premium volume and USD 8 trillion in assets under management. PSI signatories include insurance and reinsurance companies such as Allianz, AXA, ING, Aviva, Insurance Australia Group, Mitsui Sumitomo Insurance, SulAmerica, Munich Re, Swiss Re, RMS, and Willis.
Read the statement by Earth Security Founder & CEO on the PSI page here: ‘We are delighted to become a supporting organisation of the Principles for Sustainable Insurance at a time of great complexity and change. The PSI offers a unique convening platform for the industry to consider its direction’, says Alejandro Litovsky, Founder & Chief Executive of the Earth Security. ‘We at the Earth Security commit to supporting PSI by providing a new level of intelligence on inter-dependent sustainability risks and complexity in emerging economies. We will involve and strengthen the position of PSI members by developing new strategies that show that it is possible to expand a company's market access through a commitment to building greater resilience.’
Earth Security joins a host of institutions carrying out activities relevant to the insurance sector that are not themselves insurance companies, such as insurance regulatory or supervisory authorities, insurance associations or federations, and insurance institutes or academies. Other supporting institutions include the Brazilian Insurance Confederation, the International Finance Corporation (IFC), the Insurance Institute of India, and the Multilateral Investment Guarantee Agency.
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