The investments will target a variety of sectors including renewable energy, water, wastewater management and education. Credit: chayanuphol/Shutterstock.

Insurance giants AXA and Generali have offered support for the Insurance Development Forum’s (IDF) Infrastructure Resilience Development Blueprint.  

This initiative is designed to direct insurance sector investments towards infrastructure projects to bolster the resilience of emerging and developing economies against climate change and natural disasters.  

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The investments will target various sectors including renewable energy, water, wastewater management, education, healthcare, telecommunications and digital infrastructure. 

The IDF is collaborating with BlackRock to implement the Blueprint, leveraging the asset manager’s expertise in infrastructure investment, blended finance and the understanding of the insurance industry’s investment needs.  

Through the Blueprint, IDF hopes to create a scalable and replicable model for resilience projects that can be brought to market swiftly, resulting in immediate, measurable benefits for vulnerable communities. 

AXA group chief investment officer Jean-Baptiste Tricot said: “Our involvement in the Infrastructure Resilience Development Blueprint reflects our commitment to leveraging insurance sector capabilities to support resilient infrastructure development and protect vulnerable communities in addition to maintaining our usual investments’ objectives including risk selection and returns.” 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Generali group chief investment officer Francesco Martorana said: “The insurance sector can play a key role in promoting future-proof growth and supporting greater resilience and protection for families, communities and businesses.  

“This is particularly urgent if we consider the increase in natural disasters, where the protection gap is transversal in all markets but even more so in emerging economies.” 

AXA XL, part of AXA, recently appointed Kathleen Ziegler as the new chief operations officer for its insurance operations in the Americas.  

Ziegler brings more than 25 years of industry experience to the role, having held senior leadership positions at AIG, Zurich Financial Services, CopperPoint and Blackboard Insurance.