Parhelion, an energy and climate risk finance focused company specialising in non-traditional risk issues, is targeting a capital raise of $500 million as it seeks to become a “sustainable insurer” focused on ESG aligned underwriting and investment.
Launching its capital raise with initial backing from insurance and reinsurance broking group Howden today, Parhelion is designed to be “the world’s first fully sustainable insurer” the company explained.
