QBE’s Premiums4Good Awarded for Global Sustainability Leadership

PR Newswire

NEW YORK, Sept. 10, 2020 /PRNewswire/ -- QBE's Premiums4Good impact investment initiative has been awarded a Sustainability Leadership Award by the Business Intelligence Group in its 2020 Sustainability Awards program. The Sustainability Awards honour those people, teams and organizations who have made sustainability an integral part of their business practice or overall mission.

Premiums4Good is a unique initiative that sees QBE integrate social value with business value by connecting insurance customer premiums to growing demand for impact investments. Premiums4Good delivers attractive risk-adjusted returns and business value, while also seeking to deliver positive social and environmental impact. This program is a collaboration with customers and partners to invest in projects that drive a better future for people and the planet.

Gary Brader, QBE Group Chief Investment Officer, said the award recognises the importance that QBE has placed on operating sustainably across all its operations and the capacity for customers to do more with their insurance spend by connecting it with positive environmental and social value.

"Premiums4Good aligns with QBE's wider commitment to operating sustainably and addressing climate risk. Premiums4Good is invested in social projects globally, many supporting those impacted by COVID-19, and in renewable energy projects and other initiatives around the globe that are designed to address the physical and transition risks and opportunities of climate change."

"We are proud to reward and recognize QBE and the Premiums4Good programme for their sustainability efforts," said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. "It was clear to our judges that their vision and strategy will continue to deliver results toward a cleaner, more sustainable world. Congratulations!"

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

About QBE

QBE North America is part of QBE Insurance Group Limited, one of the largest insurers and reinsurers worldwide. QBE NA reported Gross Written Premiums in 2019 of $4.6 billion. QBE Insurance Group's results can be found at www.qbe.com. Headquartered in Sydney, Australia, QBE operates out of 27 countries around the globe, with a presence in every key insurance market. The North America division, headquartered in New York, conducts business through its property and casualty insurance subsidiaries. The actual terms and coverage for all lines of business are subject to the language of the policies as issued. QBE insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard & Poor's. Additional information can be found at www.qbe.com/us, or follow QBE North America on LinkedIn and Twitter.