Given Zurich’s asset-liability management requirements, “you have to find the right puzzle piece that fits,” Brassel says.

In real estate, green certified buildings qualify as climate solutions, but “we can’t just invest as much as we want. From a sustainability point of view, it helps us achieving our targets, but we have other requirements when it... See more

As part of its 2030 targets, Zurich also aims to invest 6 percent of its $160 billion AUM in climate solutions investments, an allocation that has been growing rapidly since 2021.

Brassel says the insurer is “on track” to hit the target, and that it is achievable based on how fast the market is growing. It defines a climate solution as either an env... See more