Skip to content
Subscriber Only

Zurich Plans $5 Billion Allocation to Impact Investments

  • Insurer to establish framework for measuring impact of funds
  • Swiss Re also has moved to ethically based benchmark indexes
Updated on

Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader range of assets after devoting $2 billion to green bonds in recent years.

While it didn’t specify a period, Zurich plans to buy bonds that finance social projects and the sustainable use of resources, as well as investments in private equity geared to these goals, Switzerland’s biggest insurer said in a statement on Thursday. The allocation represents about 2.6 percent of Zurich’s $190 billion portfolio, mainly consisting of debt securities.