The green insurance policy support system will in the main be complete by 2027, says the National Financial Regulatory Administration (NFRA) as it releases a document titled "Guiding Opinion on Promoting the High-Quality Development of Green Insurance" to steer the growth of green insurance business.
The Monetary Authority of Singapore (MAS) and Institute of Banking and Finance (IBF), supported by Workforce Singapore (WSG), yesterday launched the Sustainable Finance Jobs Transformation Map (JTM).
Zurich Insurance Group will no longer underwrite new oil and gas projects and is cracking down on clients planning to expand in metallurgical coal mining.
A new study has described the changes in ESG spending priorities towards human rights, modern slavery and community programmes by corporates as a 'seismic shift'.
In today's dynamic landscape, insurance brokers play a pivotal role in navigating the complex terrain of risk management. With an ever-expanding array of insurance products and services, brokers act as trusted advisors, guiding individuals and businesses towards tailored coverage solutions.
Southeast Asian markets now have a window of opportunity to accelerate decarbonisation with actionable ideas and accelerators to unlock these ideas by 2030, according to a report by Bain & Company, GenZero, Standard Chartered and Temasek.
To better help Southeast Asian markets track decarbonisation progress, the region's first SEA Green Economy Index has been launched.
Ping An Insurance (Group) Company of China (Ping An) has again received a "Low Risk" ESG Risk Rating from Sustainalytics, and ranked first in mainland China's insurance sector.
Tokio Marine Holdings, through its subsidiary Tokio Marine & Nichido Fire Insurance (TMNF), has sponsored the issuance of a new catastrophe bond called "Kizuna Re III Series 2024-1 Class A Principal At-Risk Notes (Kizuna Re III CAT bonds).
Owners of electric vehicles (EVs) are finding it difficult to renew their motor insurance policies even for cars that are just past a year old. They complain that insurance companies do not give them a price quote but instead refer them to other insurers.