The biggest buzz at the RIMS conference here in San Diego this week was about the threats and opportunities prompted by climate change. Zurich, Aon and other major players touted ambitious environmental initiatives. The chairman of Lloyd's, Lord Peter Levene, even took a side trip to Sacramento to meet with California Gov. Arnold Schwarzenegger to talk about the impact of global warming. Is this all a lot of hot air, or a long overdue response to the most serious threat our planet faces?
“The most important thing is to get people's attention and get them to understand this is something they need to deal with, without knee-jerk reactions,” said Lord Levene. “[Global warming] is there–we know it's a problem. The experts will argue about how big a problem it is and how much damage it's going to cause. You can make things change and every little bit helps.”
He added that, I know [Gov. Schwarzenegger] is very passionate about global warming, and global warming and climate change are very important to us at Lloyds.” So the meeting was a good opportunity to talk through those issues.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
