The Quantum Leap: The Nordic Insurance Industry and the Environment Challenge

5 May 2000 | Stockholm, Sweden Co-hosted by the Swedish EPA and UNEP with the sponsorship of the Nordic Council of Ministers More than ever, insurers around the globe are challenged on a daily basis by mergers and acquisitions – a development that ultimately determines winners and losers in a globalizing world of economy. More and more competitive advantages will be defined not only in financial terms but also by a multitude of factors adding to shareholder value. Good management is a key to success. But good management also goes hand in hand with responsibility, knowledge and global awareness. The environmental challenges and “good corporate citizenship” are becoming increasingly important for the financial services sector – in particular for the insurance industry. These aspects will ultimately form part of the basket of factors that lead to financial success and shareholder value and are expression of a well-managed business. This workshop for Nordic insurance companies on the risks and opportunities of environmental issues highlighted various facets of a rapidly growing business line. Senior managers and board members as well as environmental managers of Nordic insurance companies learned about existing products and the link the sector has to the environment.