THE EUROPEAN Investment Bank and the World Bank issued the first green bond in 2007. Since then, the variety of bond instruments that bear labels related to environmental, social and governance (ESG) purposes has expanded to include social, sustainability, transition and sustainability-linked debt.
THE MONETARY Authority of Singapore (MAS) may be optimistic about the prospects for transition bonds, but industry players said there are critical taxonomy gaps and more flexible alternatives keeping the financing instrument from taking off.
THE MONETARY Authority of Singapore (MAS) may be optimistic about the prospects for transition bonds, but industry players said there are critical taxonomy gaps and more flexible alternatives keeping the financing instrument from taking off.
KEVIN Lam believes that having an open mind and being ready for new ideas is key in the ever-changing banking industry.
DESPITE markedly stronger underwriting results for 2021, most insurers with Integrated Shield (IP) plans will raise premiums this year, mostly of private-hospital base plans and riders.
WITH 1,749 applications totalling S$52.9 million from retail investors, Singapore’s inaugural public offer of its green bonds had a subscription rate of 1.06 times.
THE life insurance sector in Singapore recorded S$2.63 billion in weighted new business premiums for the first 6 months of 2022, down 1.9 per cent from a year ago.
ASIA-FOCUSED Prudential on Wednesday (Aug 10) posted an adjusted operating profit of US$1.7 billion for the half year ended Jun 30, 2022, led by gains in the group’s life and asset management segments.