Sustainable Insurance Assessment: Towards an Integrative Model

被引:0
作者
Flávio G. Nogueira
André F. P. Lucena
Roberto Nogueira
机构
[1] The Alberto Luiz Coimbra Institute for Graduate Studies and Research in Engineering of The Federal University of Rio de Janeiro,Energy Planning Engineering, COPPE
[2] The Federal University of Rio de Janeiro,COPPEAD Graduate School of Business
来源
The Geneva Papers on Risk and Insurance - Issues and Practice | 2018年 / 43卷
关键词
sustainable insurance; ESG risk assessment; Brazil; UNEP FI;
D O I
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中图分类号
学科分类号
摘要
This paper investigates the corporate social responsibility of insurance companies. The assessment procedures available today do not use environmental, social and governance (ESG) risk variables. We propose an integrative model to understand how progress in ESG risk underwriting can influence the management of ESG issues in insurance operations. This model was developed and tested by conducting a survey of 98 insurance professionals in Brazil. The model indicates only environmental and governance constructs as measurement discriminants. We have found a positive relationship between company size and progress in ESG risk underwriting and ESG issues in insurance operation management constructs. Additional analysis of the gap between ESG risk materiality and product offer provides a road map for harnessing local opportunities.
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页码:275 / 299
页数:24
相关论文
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