Sustainable investments; climate change and catastrophic events; a new welfare system. These are the themes at the center of the 2021 Insurance Summit organized by Ania, the national association of insurance companies, in partnership with the Italian Presidency of the G20 and with the support of Gfia. "The insurance sector is aware of playing a leading role for economic growth and for a sustainable transition, in its broadest sense, not only environmental, but also social and financial", he said opening the first of the two days of the president of Ania, Maria Bianca Farina, works. Before his speech, in a video message, Prime Minister Mario Draghi underlined how "the contribution offered by the insurance world to sustainability reflects one of the priorities of the Italian presidency of the G20: the global response to climate change ". Draghi recalled how" the role of conjunction, between private savings and the productive fabric, makes it possible to help companies to in the field of preventive solutions against climate risks "." The insurance world ", concluded the Prime Minister," had over 1,000 billion euros in investments at the end of 2020 ", so it can" give a strong impetus towards greater sustainability for the entire financial sector ".between private savings and production, it helps companies to implement preventive solutions against climate risks "." The insurance world ", concluded the Prime Minister," had over 1,000 billion euros in investments to end of 2020 ", therefore it can" give a strong impetus towards greater sustainability to the entire financial sector ".between private savings and production, it helps companies to implement preventive solutions against climate risks "." The insurance world ", concluded the Prime Minister," had over 1,000 billion euros in investments to end of 2020 ", therefore it can" give a strong impetus towards greater sustainability to the entire financial sector ".
In the same vein, the president of Ania Farina who recalled how the insurance industry, worldwide, with over 30,000 billion dollars in assets under management, has "the ability and interest to invest in sustainable and long-term assets" , thus being able to help "finance the transition to zero-emission, resource-efficient and more sustainable economies".
Another urgent issue is that relating to climate change, for which President Farina explained how it is "increasingly urgent to strengthen the resilience of businesses and households, through greater dissemination of risk mitigation, prevention and transfer tools". On this front, prevention plays a fundamental role: "insurance, in addition to providing protection against risks that are becoming increasingly significant, allows, thanks also to the use of risk assessment and pricing techniques, to emphasize a an aspect of fundamental importance, that of prevention ", said Farina.
The third theme on the Summit table is that of welfare. "The pandemic crisis has led governments and the European Union to assume a much wider role in protecting citizens, with significant consequences on public budgets and their sustainability", explained the president of ANIA. Hence the need for "a new welfare system, based on the complementarity between public and private. A system that guarantees, in an integrated way, the coverage of the protection needs of the population against a wide range of risks". Precisely on the risks to health and old age, Farina highlighted how "the issue of financing a protection system, broader and more inclusive, can be efficiently addressed inarea of closer integration between social security and private insurance ".
Among the speeches on the first day was also that of the Minister of Economy, Daniele Franco, who explained how the insurance sector can "contribute to a growth of the economy that respects the environment in two ways: in risk management and in its capacity. as an investor ".
Furthermore, according to Franco, "an efficient insurance sector will be able to contribute to the well-being of society and the competitiveness of the economic system".
In light of the fact that sustainability is a global issue, for which collaboration and coordination are "vital", the insurance sector will also be called upon to play its part.
The minister said he was "certain that the sector will live up to this role".
In collaboration with:
ANIA
