Do private German health insurers invest their capital reserves of €353 billion according to environmental, social and governance criteria?
Frederick SchneiderJulia GogolewskaKlaus-Michael AhrendGerrit HohendorfGerhard SchneiderReinhard BusseChristian M SchulzPublished in: Journal of medical ethics (2020)
The findings are in contrast to the expected intrinsic economic interest of the insurers to stop global warming and improve public health. The majority of assets are managed in a highly problematic manner, especially the absence of capital allocated in fields contrary to medical ethics (eg, firearms, armour) cannot be presumed. Lack of transparency is a major problem that limits clients in choosing the insurer who has the most advanced ESG criteria.