QBE to invest in SIBs, hoping to hug hippies too it seems. Have a great weekend.
Insurers Stepping Toward Greater Green Investment Footprint
Don Jergler – Insurance Journal
Australian carrier QBE Insurance Group Ltd. has invested $190 million Australian Dollars ($148.42 million) in four green bonds in the last year-and-a-half, and it’s not stopping there.
QBE intends to invest up to $100 million AUD ($78.11 million) globally over the next three years in “suitable social impact bond opportunities,” said Gary Brader, QBE’s chief investment officer of group investments.