WANG Qing, Shi Yan-ling and LI Liang
Climate Change has increased the frequency and severity of extreme weather events, affected the normal operation of the economy, and brought severe challenges to the sustainable development of the economy and society. The insurance industry has a wide range of stakeholders in the real economy, so climate change will have a significant impact on the insurance industry. The insurance industry plays a dual role in addressing climate change: It should not only reduce the negative impact of climate change on underwriting and asset business, but also seize opportunities in adapting to climate change, provide insurance products and services to manage climate risks, and provide financial support to new energy, energy conservation, environmental protection, new energy vehicles and other strategic emerging industries, so as to contribute to the mitigation of climate change.
Insurance; Climate Change; Strategy