07 November 2019
Life insurers long duration liabilities opens the door for investments in assets such as renewable energies, sustainable forestry or real estate certified as sustainable, according to Philip Witherington chief financial officer at Manulife.
Speaking on the side-lines of the Insurance & Climate Risk conference, hosted by Insurance Asset Risk and sister publication Environment Finance in New York last September, Witherington said there is an increasing customer demand for environmental, social and governance (ESG) tilted funds.
“This is something we expect to grow in the future,” he said.
Watch the full video interview here:
The European Insurance & Climate Risk conference returns to London on 2 December 2019. More details can be found on the event’s website.