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Sustainability Risk Assessment Principles in the Insurance Consulting Process

When providing insurance consulting services, Compensa Life considers sustainability risk.

In implementing a strategy that incorporates sustainability risk into the services offered, depending on the type of investment insurance product for which advice is provided, Compensa Life offers information on the following aspects:

Investment Life Insurance Products

For investment life insurance products, including sustainability risk is included in the services or not depends on the assessment of the expected impact of sustainability risk on the returns of the investment insurance product. Information regarding compliance with specified environmental or social standards and whether (and if so, how) the principal adverse impact on sustainability factors is taken into account also depends on the approach taken by the company managing the funds that constitute the respective investment life insurance product.

Therefore, Compensa Life relies on the information provided by the fund manager in the relevant prospectus.

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