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Investing for Resiliance

This document discusses the insurance industry should play in helping to promote societal resilience as the societal risks from climate change increase, given its expertise in assessing and managing risk and the vital role of insurance as a financial risk transfer mechanism. The authors propose the creation of a rating system to measure societal resilience.

The document was prepared by ClimateWise, a global network of over 30 leading insurers, reinsurers, brokers and industry service providers with a shared commitment to reduce the impact of climate change on both society and the insurance industry. It is a voluntary initiative, driven by its members and facilitated by the University of Cambridge Institute for Sustainability Leadership (CISL).