"Despite the many considerations, resources, and challenges involved with implementing ESG-focused investing, insurers seem to understand that, ultimately, the benefits outweigh the costs," Matt Daly, head of corporate and municipal teams at Conning, said in a release. "Given the responses we saw in this survey, ESG is likely to become an even more central part of insurance asset management in the near future." (Credit: Deemerwha studio/Shutterstock.com)

Nearly 70% of U.S. insurance companies have incorporated environmental, social and governance (ESG) factors into their investment consideration during 2021, according to a survey from Conning Holdings Ltd., which found most began accelerating ESG investing during the past two years.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]