December Edition: Post COP28 Transitions, COVID-19 Disability and Life Risk, and Disability Awareness Month

In this monthly newsletter, we bring you perspectives on the business challenges that matter most in this moment.??

Partnering for Transition After COP28

In many African countries, the effort to mobilize capital to support low-carbon transition can go beyond achieving global climate goals – it can support critical economic and social development. From the delivery of renewable energy sources and improvements in energy efficiency, to the enhancement of economic infrastructure and resilience to the effects of global warming, transition investing carries great promise for Africa.

With world leaders gathering together in Dubai this month for COP28, our colleagues joined the discussion to help develop an investor-specific transition framework for Africa, bringing together stakeholders from across the global investment management and asset-owner arena. By shifting just 3.7 percent of the $100 trillion of global assets under management each year, institutional investors can enable achievement of the Sustainable Development Goals.

Read more about the 美世 Investment team’s view on why the role of private capital can be critical in supporting the low-carbon transition in Africa.

COVID-19 and Its Impact on Disability and Life Risk

As we look back and reflect on how the COVID-19 pandemic affected the (re)insurance environment, key insights emerge into how stressors can affect risk in the disability and life marketplace. At the same time, reactions from the pandemic provide a glimpse into how society might react to similar events in the future.

In this episode of Guy Carpenter ’s Fo[RE]sight, Meg O’Neill, Vice President for Underwriting & Thought Leadership, is joined by Rick Leavitt, Actuary and Managing Director of Smith Group, a disability reinsurance risk manager and consulting firm wholly owned by Guy Carpenter, to look back at the pandemic, how the virus evolved, the downstream impacts, and lessons learned about data handling and strategies.

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December is Disability Awareness Month

This month, Marsh McLennan recognized Disability Awareness Month and the United Nations’ International Day of Disabled Persons. As part of our campaign to raise support and awareness for those living with disabilities, our colleague, Georgette Kores, Senior Health Management Consultant, Total Health, Marsh McLennan Agency Florida contributed to the Our Voices series to tell her story on of working in corporate wellness, her “son-shines,” and her efforts to make a more accepting world for individuals with disabilities.

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