Engaging the insurance sector in making roads safer
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Road traffic crashes are one of the leading causes of death globally 1.25 million people are estimated to be killed on the roads each year, representing more than 3,400 deaths per day equivalent to more than 141 deaths per hour while another 30 to 50 million people are injured every year.
Road crashes are responsible for more deaths than malaria, suicides and homicides and are the only non-disease-related cause among the ten leading causes of death ranked by the World Health Organization (WHO).
Road crash deaths are estimated to rise to 1.9 million by 2020 due to increased motorisation across the world, especially in low and middle income countries (LMICs), which are highly likely to experience the greatest increases in future fatality rates.
Why sustainability and ESG are key insurance business issues
26-01-2021
20-07-2020
Addressing sustainability and ESG is not simply a matter of complying with the rules it’s essential for insurers’ survival, as panellists in a recent webinar held by global law firm DLA Piper discussed.
In the insurance industry, and in the wider financial and business communities, the concept of sustainability is evolving. Now insurers are looking at it not just from the perspective of how environmental, social and corporate governance (ESG) issues impact insurance and investment portfolios, but also how insurance and investment portfolios impact the environment and society.