The Angola Insurance Authority (ARSEG) issued a circular recommending that boards of supervised insurance and pension fund operators approve and monitor environmental, social and governance (ESG) training strategies covering internal control, actuarial, underwriting, claims management, investment and business functions, as part of implementing the training and knowledge principle within the sustainability principles approved by the Council of Supervisors of the Angolan Financial System.
Angola Insurance Authority issues guidance on board oversight of ESG training
The Angola Insurance Authority issued guidance recommending that boards of supervised insurance and pension fund operators approve and monitor ESG training strategies for key functions to support the gradual integration of environmental, social and governance criteria.