In this episode of A.M. BestTV, insurance executives at the 2014
Investor Summit on Climate Risk at the United Nations discuss
opportunities they believe are worth seizing in the areas of making
cities climate-proof, along with green investments. J. Eric Smith,
president and CEO of Swiss Re Americas, discusses how making urban areas
more resilient intersects with climate change. "As the climate changes
and as more and more people move to cities, our population and our
businesses are more exposed to weather-related catastrophes." Cecilia
Reyes, chief investment officer at Zurich Financial Services Group, said
the company's responsible investment strategy is about generating
competitive financial returns and positive societal impact. "Responsible
investing is all about Zurich doing well, and doing good, at the same
time," Reyes said. Zurich's strategy includes green bonds, which finance
environmentally friendly projects. Reyes said they are a strategic
component of Zurich's allocations to fixed-income assets. Click on http://www.ambest.com/v.asp?v=climate114
to view the video program.
People who appear in this episode include:
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