Insurance companies are among the most influential institutional investors, managing large pools of capital across diverse asset classes. Their financial strength positions them as critical enablers of economic growth and long-term development in countries where they operate.

In Africa, insurance company assets under management (AUM) represent a substantial and growing share of domestic savings. According to the World Bank’s Global Financial Development Database, insurance assets across Sub-Saharan Africa averaged 14–15% of GDP in recent years, though this varies widely by country.

This financial strength positions them uniquely to support and accelerate sustainable development, particularly through investments in climate-resilient and green assets.

The overall objective of this assignment is to design innovative investment solutions and de-risking instruments that mobilise African insurance capital into climate-resilient and green sectors.