The principles for responsible contractswere submitted by the Special Representative to the United Nations Human Rights Council as an addendum to the Guiding Principles on Business and Human Rights: Implementing the United Nations “Protect, Respect and Remedy” Framework.2 The Federal Reserve issued the following banking and consumer regulatory policy document:. As a founding signatory, IAG’s progress, amongst others, can now be found online. Putting Principles for Responsible Insurance (PSI) into practice: An investor’s perspective IK has prepared a discussion paper on how investors into insurance industry clients can actually make sure that their sustainable banking standards are being respected and actually implemented at the insurance level. Demonstrate accountability and transparency in regularly disclosing publicly our progress in implementing the UNEP FI Principles for Sustainable Insurance. Insurance regulatory law is the body of statutory law, administrative regulations and jurisprudence that governs and regulates the insurance industry and those engaged in the business of insurance. The Principles for Sustainable Insurance (PSI) is a catalyst for creating a more risk aware and resilient society. Principles for Sustainable Insurance – Annual Disclosure 2017 In 2014, TD became the second Canadian-based signatory to the United Nations Environment Program Finance Initiative’s ... To learn more about responsible procurement at TD, please visit TD's Responsible Procurement Policy Summary. President and Chief Executive Officer, AXIS Capital, Founder & Chief Executive, Earth Security Group, CEO and Chairman of the Executive Board of AEGON NV, Chairman of the Board of Management of UNIQA Insurance Group AG, Chief Executive, Scottish Widows, and Group Director, Insurance & Wealth, Lloyds Banking Group, President and CEO of National Reinsurance Corporation of the Philippines, CEO of the South African Insurance Association, Chairman of the Board of Directors, Ageas, Director of the Centre of Criminology, University of Cape Town, Secretary General of Forum per la Finanza Sostenibile, Chairman of AXA and Chair of the Insurance Development Forum, CEO and Chairman of the Management Board of Belfius Insurance, President of the Insurance Association of the Caribbean, Chairman of the Board of Management of Munich Re, Dean of Fox School of Business, Temple University, Superintendent, Brazilian Superintendence of Private Insurance (SUSEP), CEO of African Risk Capacity Insurance Company, Insurance Commissioner of the Philippines, President of the Philippine Life Insurance Association, Secretary General of Association of Insurers and Reinsurers of Developing Countries, General Director of Grupo Catalana Occidente, President of International Actuarial Association, Executive Board Member at the Australian Prudential Regulation Authority (APRA), CEO of the Interamerican Hellenic Insurance Group, Executive Director, World Benchmarking Alliance, Head of Secretariat, Access to Insurance Initiative (A2ii), Managing Director of Cefor - The Nordic Association of Marine Insurers, Chief Executive Officer at American Hellenic Hull Insurance Company, President of the Brazilian Insurance Confederation (CNseg), Superintendente - Superintendencia de Seguros de la Nación (SSN), Chairman of the Board of LocalTapiola Group, Jules Constantinou, President of the Institute and Faculty of Actuaries, Chief Executive Officer at ICEA LION Life Assurance Limited. The Principles of Responsible Ownership (Principles) are a set of principles and guidance to assist investors to determine how best to meet their ownership responsibilities. In June 2013, the PSI Initiative celebrated its first anniversary and reported on solid progress made over the past year. The process was convened by the United Nations Secretary-General. The Principles for Sustainable Insurance are to: Complementing the objectives of the PSI, IAG is also a long-standing signatory to the United Nations Principles for Responsible Investment (PRI). By working together with the UN, governments and other key stakeholders, IAG and the insurance industry can achieve far more than they would on their own. The cooperative insurer has this week announced that it has signed the Principles for Responsible Investment (PRI) supported by the United Nations (UN). The Principles for Responsible Investment (PRI) is the world's leading proponent of responsible investment. IAG provides progress updates on its adherence to the principles through its annual sustainability reports. The Principles for Responsible Investment were developed by an international group of institutional investors reflecting the increasing relevance of environmental, social and corporate governance issues to investment practices. They were launched in draft format in November 2018 as a new initiative designed to promote responsible banking and, following a consultation period, have become fully operational from September 22 2019 onwards. © 2021 Insurance Australia Group Limited ABN 60 090 739 923, Report: Severe weather in a changing climate, Contribution to the Sustainable Development Goals, Principles for Sustainable Insurance (888.17 KB), United Nations Environment Programme Finance Initiative. IAG is committed to delivering outcomes that help communities better prepare for and respond to risks, protect the environment, and sustain economies. Insurance regulatory law is primarily enforced through regulations, rules and directives by state insurance departments as authorized and directed by statutory law enacted by the state legislatures. Work together with our clients and business partners to raise awareness of environmental, social and governance issues, manage risk and develop solutions. In June 2012, IAG became a founding signatory to a new set of voluntary and aspirational global principles, Principles for Sustainable Insurance (888.17 KB), which were launched as part of the United Nations Environment Programme Finance Initiative. The Six Principles in Insurance. Liberty Mutual Insurance Joins the UN-Supported Principles for Responsible Investment as First U.S. Property and Casualty Insurer News provided by Liberty Mutual Insurance Some 60 leading insurers, insurance market bodies and international organisations have embraced the landmark Principles, doubling the number of organisations now involved. 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