As firms navigate new forms of volatility such as climate change, Aon is committed to protecting and enriching the lives of people across the world. Our goal is to mobilize private sector capital and drive collaboration with governments, academia, communities and businesses to deliver compelling solutions.
As the world strives to meet the challenge of achieving net zero carbon emissions, scientist, author and broadcaster, Professor Alice Roberts unearths the key role the insurance industry can play, providing vital data to help achieve this goal.
Book mark Climate Collaboration
Aon is collaborating with top climate academic researchers to better understand the risk and directly implement research into catastrophe models to estimate the financial impact.
We have joined forces with the University of Illinois at Urbana-Champaign and Central Michigan University to enable re/insurers to quantify climate risk in their portfolios and make better decisions on pricing, investments and exposure management by leveraging the latest climate science.
Aon is collaborating with Columbia University to create a climate change solution for its global Impact Forecasting tropical cyclone catastrophe model suite.
Following record 2021 European flood activity, Aon’s extended collaboration with Karlsruhe Institute of Technology will incorporate the latest climate science into Impact Forecasting models.
Wildfire risk in the United States is an important peril for the insurance industry and beyond. The physical and non-physical risks posed by the climate change, and the location of where we build new homes compels homeowners, policymakers and insurers to rethink how wildfire risk is managed.
The events of the past 18 months, including COVID-19, social unrest and inequity, and a myriad of weather-related disasters no doubt drive and exacerbated by climate change, have dramatically accelerated firms’ emphasis on pre-financial environmental, social and governance (ESG) factors.
Conference of the Parties of the UNFCC
In November 2022, the 27th session of the Conference of the Parties of the UNFCC (COP27) is taking place in Egypt, with a view to building on previous successes and paving the way for future ambition to effectively challenge the global challenge of climate change.
COP26 was a seminal moment in history when global leaders came together to set global agreements on how we cut emissions.
The Green Horizons Summit - organized by the City of London Corporation and the Green Finance Institute and sponsored by Aon – set out to mobilize private capital in the transition to net zero. GHS@COP26 tackled the big questions we face in accelerating the flow of capital into climate and nature friendly investments, translating commitments into action and helping financial institutions ‘green’ their business models.
Aon was privileged to have a seat at the table to:
