Recent Findings from Free University of Bozen Highlight Research in Sustainability Research (Effects from ESG Scores on P&C Insurance Companies): Sustainability Research

2023 SEP 08 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- New research on sustainability research is the subject of a new report. According to news reporting originating from Free University of Bozen by NewsRx correspondents, research stated, “Insurers act as institutional investors and underwriters of risk.”

Financial supporters for this research include Free University of Bozen.

The news reporters obtained a quote from the research from Free University of Bozen: “Therefore, improving their environmental, social, and governance (ESG) performance is important for the transmission of ESG values to all economic sectors. We analyze ESG scores of worldwide Property and Casualty (P&C) insurers during 2013-2022 and show that more sustainable insurers have high operating leverage despite appearing to be financially stable from their combined ratios and z-scores. Additional results for the US subsample illustrate that stocks issued by sustainable insurers deliver positive excess returns. Overall, these findings suggest that there is a significant association between sustainable practices and the ability of insurers to execute business and create value.”

According to the news editors, the research concluded: “This is important for insurance managers, investors, and policy makers, as insurers play a prominent role in promoting economic growth and stability.”

For more information on this research see: Effects from ESG Scores on P&C Insurance Companies. Sustainability, 2023,15(12644):12644. (Sustainability - http://www.mdpi.com/journal/sustainability). The publisher for Sustainability is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/su151612644.

Our news journalists report that more information may be obtained by contacting Silvia Bressan, Department of Economics and Management, Free University of Bozen, 39100 Bozen, Italy.

(Our reports deliver fact-based news of research and discoveries from around the world.)