ESG underwriting has framework but no standardisation
    
        
            
            Source: Middle East Insurance Review | Apr 2024
         
     
    
    
    
    
    
    
    
    Over the past year, insurers in the Middle East have been integrating ESG risks into underwriting processes, with the help of guidelines from the United Nations Environment Programme Finance Initiative. Though there are challenges such as a lack of standardised reporting, opportunities include exploring new premium opportunities.
 
 
 
    
    
    
    
    
	
        
		
        
            
                
				
					
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