Guernsey’s insurance industry is working on a framework to develop a green kitemark for its insurance-linked securities (ILS) platforms to take a bigger stake in environmental, social and governance (ESG) issues.

Speaking at the We Are Guernsey-hosted ILS Insight webinar, Adele Gale, head of ILS at Robus Group in Guernsey, confirmed the move when discussing what metrics the ILS fund industry were using to guide ESG compliance for development and growth.

The Guernsey International Insurance Association earlier this year signed up as a supporting institute of the United Nations’ Principles for Sustainable Insurance In...