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Mutualizing and managing risks are at the heart of insurance — two concepts closely related to environmental, social, and governance integration and climate change abatement. This represents a clear opportunity for insurers to reclaim their societal purpose to fuel growth and attract new customers by showcasing their commitment to sustainability. Some insurers are now attempting to gain competitive advantage through sustainable products, while others are starting a more proactive conversation with governments on how they can contribute to what appears to be a new social contract.Doc# US47802822 Davide Palanza - Research Manager, IDC Financial Insights