CURRENT AFFAIRS

2021

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which has become the first insurer to sign a commitment to environmental, social and governance issues?

A	Bharti AXA Life Insurance
B	HDFC Standard Life Insurance
C	Bajaj Allianz Life Insurance
D	ICICI Prudential Life Insurance

Explanation:

Detailed explanation-1: -ICICI Prudential Life Insurance has become the first Indian insurance company to sign the UN-supported Principles for Responsible Investment (UNPRI), demonstrating its commitment towards Environment, Social, and Governance (ESG) issues.

Detailed explanation-2: -ICICI Prudential Life Insurance became the first Indian insurance company to sign United Nations-supported Principles for Responsible Investment (UNPRI), to demonstrate commitment towards the environmental, social and governance (ESG) issues.

Detailed explanation-3: -1710 Charles Povey formed the Sun, the oldest insurance company in existence which still conducts business in its own name. It is the forerunner of the Royal & Sun Alliance Group.

Detailed explanation-4: -Oriental Life Insurance Company started by Europeans in Calcutta was the first life insurance company on Indian Soil.

Detailed explanation-5: -Amicable Society for a Perpetual Assurance Office, established in 1706, was the first life insurance company in the world.

There is 1 question to complete.