ESG in the spotlight as London market softening gathers pace

Geopolitical challenges and the softening market are leading some underwriters to question their commitment to ESG principles, Asta’s head of sustainability Phil Pearce says

THE London market’s efforts to implement ESG principles in underwriting have reached an inflection point as geopolitical challenges and a softer market refocuses underwriters, according to the head of sustainability at Lloyd’s third-party managing agent Asta.