Asian Insurance Forum 2022 – Panel Discussion on "Supporting Climate Actions – Collaboration, Innovation and Finance"

5 December 2022


The Hong Kong Academy of Finance (AoF) and the Insurance Authority (IA) co-organised a panel discussion “Supporting Climate Actions – Collaboration, Innovation and Finance” at the Asian Insurance Forum (AIF) on 5 December 2022.  The AIF is the annual flagship event of the Insurance Authority, featuring discussions among leading players and experts in the insurance and financial markets, as well as top authorities in Hong Kong and the Asia Pacific region. The 2022 AIF had around 1,500 participants, including both in-person and virtual.

Moderated by Mr KC Kwok, CEO of the AoF, the panel featured Mr Ericson Chan, Group Chief Information and Digital Officer, Group Executive Director, Zurich Insurance Group, Prof Christine Loh Kung-wai, Chief Development Strategist of Institute for the Environment, The Hong Kong University of Science and Technology, Dr Gillian Rutherford, Head Reinsurance Sustainability, Swiss Re, and Ms Emily Woodland, Managing Director, APAC Head of Sustainable and Transition Solutions, BlackRock.

Speakers discussed how climate change is affecting insurers, reinsurers and how they are responding to keep insurance affordable; what governments could do both locally and at the multilateral level such as through COP27; how insurance companies could mainstream climate change into their investments  and leverage technology to help their clients tackle climate change; and the issues related to data, reporting and standards.  Asia is very important in the battle against climate change, and while huge investments mean a lot of opportunities, public private partnerships would be needed to mitigate risks.

Last revision date: 5 December 2022