Survey: U.S. Insurers Rapidly Adding ESG Factors to Investment Practices

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U.S. insurance companies appear to be rapidly incorporating ESG factors into their investment strategies, according to a recent survey of U.S. insurance decision makers conducted for Conning.

Nearly 80 percent of survey respondents indicated that their firms began addressing ESG concerns within the last two years. The greatest influencer behind the move – slightly ahead of regulatory concern – is the insurers’ corporate reputation, the survey reported.

While ESG appears to be more important to insurance investment practices, it only adds to the portfolio challenges insurers are facing such as inflation, regulation, RBC changes and fiscal and monetary policy. The growing complexity will likely drive a need for more help from asset managers with deep experience in insurance portfolio management as well as a rich understanding of ESG investment principles.

Conning
Conning

Conning is a leading investment management firm with a long history of serving the insurance industry. Conning supports institutional investors, including insurers and pension plans, with investment solutions, risk modeling software, and industry research. Founded in 1912, Conning has investment centers in Asia, Europe and North America.

David Motill
Head of Consultant Relations
david.motill@conning.com
860.299.2422

www.conning.com

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