Qatar PR Network, Online Press Release from qatar and Doha city
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
QIC becomes the first Insurer in the MENA Region to become a Signatory of ‘Principles for Sustainable Insurance' of UNEP-FI
 
QIC becomes the first Insurer in the MENA Region to become a Signatory of ‘Principles for Sustainable Insurance' of UNEP-FI

Doha, 12th January 2023 - Qatar Insurance Company (QIC), the leading insurer in Qatar and MENA region, has signed the United Nations Environment Programme-Finance Initiative’s Principles for Sustainable Insurance (UNEP-FI PSI), making it the first insurer in the Middle East to sign the global agreement.

Launched at the 2012 United Nations Conference on Sustainable Development, the UNEP-FI PSI serves as a global framework for the insurance industry to address Environmental, Social and Governance (ESG) risks and opportunities. The PSI initiative is the largest collaborative agreement between the UN and the insurance industry. 
By becoming a signatory, QIC becomes part of a global network of insurance stakeholders committed to integrating ESG along their value chain. These Principles are more comprehensive than just financial metrics used typically in the industry, which will provide a platform for QIC to strengthen their business governance model.
“QIC strives to create a sustainable business while contributing to global economic resilience and is conscious of the impact on climate, biodiversity, poverty, education, and ethical standards. QIC intends to leave a positive footprint and becoming a signatory of the ‘Principle for Sustainable Insurance’ helps QIC integrate ESG-compliant and sustainable behavior throughout its value chain. Together with our stakeholders, we shall work towards achieving a resilient, sustainable, and inclusive society” said Salem Al-Mannai, QIC Group CEO.


Qatar Insurance Company Q.S.P.C. (QIC) is a publicly listed composite insurer with a consistent performance history of over 50 years and a global underwriting footprint. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA regions. QIC is also one of the largest insurance companies in the MENA region in terms of gross written premiums and total assets. It is listed on the Qatar Stock Exchange and has a market capitalization in excess of QAR 6.5 billion. QIC was crowned as the best online insurance company in the Middle East at the Global Banking & Finance Review Awards 2022.

Posted by : Qatar and Doha City PR Network Editorial Team
Viewed 4551 times
PR Category : Banking & Investments
Posted on : Thursday, January 12, 2023  8:55:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of QatarPRNetwork.com.
Previous Story : The Extraordinary General Assembly of Dukhan Bank (the “Bank...
Next Story : Qatar Insurance Group appoints new CEO of Kuwait Qatar Insur...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Give More than a Gift with Pandora [7776-Views]
Create your Spider-Man Look [7649-Views]
Crafting an Icon: the New Moments Studded Chain [5611-Views]
Revealed: 65.24cm (2 Ft 1.68 in) Afshin Ghaderzadeh Declared World's Shortest Man [5484-Views]
It's a Record-Breaking First Season for Premier Padel as the Sport goes Global in 2022 [4464-Views]
New Year, New Me with essence Products [4457-Views]
As Unique as your LOVE [3570-Views]
CNN Business Arabic is Now Live [3418-Views]
Embrace this New Year with Catrice [3334-Views]
Passenger Recovery Continues in November [2746-Views]
IATA Statement on Imposition of Travel Restrictions for Travelers from China [2745-Views]
Arab Bank Group Reports Net Profits of $544.3 million for 2022, 25% Cash Dividends [2491-Views]
QIB Announces Winners of its “Spend & Win” Campaign to Attend the FIFA World Cup Qatar 2022™ Final M... [2019-Views]
SAP Announces Q4 and FY 2022 Results [1964-Views]
14 National Companies have Successfully Participated in the Big 5 Show 2022 in Dubai (UAE) [1874-Views]
A Demand for Education Is on Display at FIFA Fan Festival [1814-Views]
New WCM-Q Seminar Series Aims to Boost Health Literacy among Public [1704-Views]
Russian Compani will Participate in the 11th Largest International Construction Exhibition - The Big... [1692-Views]
LG Announces 2022 Financial Results [1688-Views]
Amber Lounge Makes its Half-time Mark in Doha [1646-Views]
 
RSS Facebook Twitter LinkedDin QatarPRNetwork.com on Instagram
 
Top Sections
 
Top Stories