Net Zero transition could double the size of London insurance market
LIIBA head, Christopher Croft, has urged London brokers to seize the “once in a century” $125bn (£99.9bn) opportunity created by the transition to Net Zero.
Analysis by the London and International Insurance Broker’s Association has estimated that the global insurance opportunity created by Net Zero will be $125bn.
Research suggested that the London Market currently stands at $110m (£87.9m).
The study is based on data from international management consultancy, Oliver Wyman, which showed achieving Net Zero will create £5tr of global investment in green energy annually by 2030.
LIIBA calculated that mitigating risk associated with the transition to
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