UNEP FI Principles for Sustainable Insurance Consultation for Europe

25 – 26 October 2011 | Munich, Germany

The pioneering global process to develop Principles for Sustainable Insurance (PSI) reached its penultimate region in October. Munich Re, one of the world’s leading reinsurers, hosted the European consultation at their headquarters in Munich, Germany. The event convened insurance industry leaders and stakeholders, including delegates from the European Insurance & Occupational Pensions Authority, European Insurance & Reinsurance Federation, The Geneva Association, Standard & Poor’s, WWF and academia. The event, which ran from 25 to 26 October, was led by Munich Re’s CEO, Dr Nikolaus von Bomhard, and moderated by Dr Astrid Zwick, Munich Re’s Head of Corporate Responsibility and Chair of UNEP FI’s Insurance Commission. UNEP was represented by Sylvie Lemmet, Director of UNEP’s Division of Technology, Industry & Economics; Paul Clements-Hunt, Head of UNEP FI; and Butch Bacani, Programme Leader of the UNEP FI PSI and Insurance Commission. Europe was the sixth leg of the global consultation process, with Asia being the final destination. The Asian gathering will take place from 10 to 11 November in Tokyo, Japan. It will be hosted by Tokio Marine & Nichido Fire Insurance and is supported by Mitsui Sumitomo Insurance, Sompo Japan Insurance and The General Insurance Association of Japan. UNEP FI will launch the Principles for Sustainable Insurance at the 2012 UN Conference on Sustainable Development in Rio de Janeiro, Brazil as a landmark contribution and long-term commitment of the insurance industry to building a sustainable global economy. More information.

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