The gap between insured losses and economic losses is growing and this leaves individuals and tax funded disaster relief to shoulder the cost of ever more frequent and more damaging disasters. We must bridge this gap. Insurance innovation will pave a new path for more effective financial protection for all. We support solutions that work towards affordable & accessible coverage of the total cost of risk across longer-term time horizons to reduce the gap.

To combat global warming, the world must reduce carbon dioxide (CO2) and other greenhouse gas emissions to net zero by 2050. We collaborate with forward-thinking insurance partners to develop innovative incentives that accelerate the transition to cleaner technologies, such as renewable energy, electric vehicles and carbon capture and a low carbon economy.

Communities at high risk of catastrophe with low adaptive capacity have little chance of surviving over the longer-term. There is an urgent need for insurance to serve them better. That's why we focus on developing innovative insurance products that build resilience for the most vulnerable communities.

The accelerating loss of nature threatens our economic prosperity because more than half of the world’s economic output – US $44tn of economic value generation – is moderately or highly dependent on nature.

Businesses don’t have the information they need to understand how nature impacts their immediate or the longer-term financial performance. That’s why we help innovators develop insurance products that promote nature-positive practices and mitigate risks from loss of natural systems.