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Hong Kong to continue supporting green insurance ecosystem

Posted On: Jan. 17, 2022 10:34 AM CST


The Hong Kong Insurance Authority said that it will continue to nurture an ecosystem for green insurance to help the insurance sector to develop, Reinsurance News reported. A recent panel discussion hosted by the authority noted the importance of the common ground taxonomy which provides reference for identifying environmentally sustainable activities, and growing needs for climate-related risk management, from the perspectives of a risk underwriter and an impact investor.