The Thai General Insurance Association (TGIA) will soon publish a manual containing ESG guidelines to promote sustainable business practices among general insurers.
The attitudes of high-net-worth individuals (HNWI) have changed over the past few years, driven by economic and social changes, with many of the younger generation putting an increased focus on ESG and sustainable investing. Asia Insurance Review spoke to Transamerica Life Bermuda's Jeremy Young on how the market has changed and how it has affected their business.
Several major challenges will influence China's climate action in the next five years, according to the findings of an in-depth investigation of China's climate-related policies, politics, governance, and international relations.
Howden, a global insurance intermediary group, has announced the placement of the first Carbon Credits Warranty and Indemnity (W&I) insurance policy.
Japanese insurers are adopting a well-balanced approach to Environmental, Social and Governance (ESG) factors, Fitch Ratings said in a report.
The (re)insurance industry has the potential, if enabled, to support Africa in building its resilience to disaster risk, according to the 2024 edition of "Africa Insurance Pulse" a report launched yesterday by the African Insurance Organisation (AIO) at its 50th Conference and General Assembly in Windhoek, the capital of Namibia.
The Insurance Council of New Zealand (ICNZ) has lauded the additional funding allocated in Budget 2024 to invest in building resilient communities affected by the Auckland Anniversary Weekend flooding and Cyclone Gabrielle events.
The Monetary Authority of Singapore (MAS) and the People's Bank of China (PBOC) have discussed initiatives to advance cooperation in green and transition finance between China and Singapore at the 2nd China-Singapore Green Finance Taskforce (GFTF) meeting held on 20 May 2024.
The National Financial Regulatory Administration (NFRA) has issued guidelines on high-quality development in the financial sector, focusing on five areas: FinTech, green finance, inclusive finance, pension finance, and digital finance.
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.