Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, has achieved the prestigious (p) 'AAA' ESG rating from MSCI ESG Research-the highest possible rating under MSCI's globally recognised environmental, social, and governance (ESG) framework.
Insurers seek transparency in ESG practices in their investment operations, with some desiring assessments of their efforts to reach their net zero targets, as well as overall views of portfolios and how well aligned they are with Sustainable Development Goals (SDGs), according to Aberdeen global head of fixed income insurance solutions Daniel McKernan.
The International Finance Corporation (IFC) has completed its acquisition of a stake in Holmarcom Finance Company (HFC), following the receipt of the required regulatory approvals, thus strengthening their shared commitment to sustainable and inclusive finance in Africa.
Qatar Central Bank (QCB) has launched the Sustainable Finance Framework, in line with the Third Financial Sector Strategic Plan and the Environmental, Social and Corporate Governance (ESG) and Sustainability Strategy for the Financial Sector.
The Insurance and Social Security Supervisory Authority (ACAPS) and the Moroccan Insurance Federation (FMA) have signed a charter relating to gender integration in the design and marketing of insurance products.
Asia's real estate and insurance sectors are grappling with substantial financial risks, while also encountering new opportunities, as climate change drives more frequent and intense extreme weather events.
Managing general agents (MGAs) have to adapt to the increasing focus on environmental, social and governance (ESG) in the aviation and energy insurance segments in the Middle East, as in the wider insurance market.
The Insurance Association of Türkiye (TSB) has published a 'Sustainability Guide' specifically for the insurance sector to support environmental, social and governance (ESG) transformation.
QBE Insurance New Zealand (QBE) has announced a new partnership with Conservation Volunteers New Zealand (CVNZ) to drive hands-on environmental action and contribute towards biodiversity restoration and climate resilience efforts across the country.
Subsidiary of HDI Global SE, HDI Global Insurance Company, has appointed Ms Lindsay Judd as lead underwriter for a new environmental liability product line.