This paper considers how the Bailiwick might become a supportive jurisdiction for green insurance.
The paper has adopted a wider scope than is usual in a Discussion Paper as it covers not just regulatory changes but also wider sectoral issues relevant to the local insurance industry.
The paper focuses on two areas.
1. How the Commission might support the development of green insurance in Guernsey through regulatory change.
2. Private sector opportunities.
The paper is intended primarily for insurance regulators and insurance professionals. However anybody interested in climate change might also be interested to understand the issues discussed.
Next steps will depend upon the responses to this Discussion Paper.
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