Becoming a signatory of the United Nations’ Principles for Sustainable Insurance (PSI) should only be the start of the captive journey in contributing to the group’s ESG objectives, according to Franck Baron, group deputy director of risk management and insurance at International SOS.
Captive Intelligence reported in March that the healthy and security service firm’s Singapore-domiciled Odeon Insurance Re Pte Ltd had become the third captive to sign the PSI, and the first from Asia.
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