IAA Supports Global Economic Initiative

September 2015

The IAA is pleased to become a supporting institution of the Principles for Sustainable Insurance of the United Nations Environment Programme Finance Initiative (UNEP FI).

The UNEP FI was founded in 1992, established as a platform associating the United Nations and the financial sector globally, and is a unit within the UNEP’s Economics and Trade Branch.

IAA President Fred Rowley said, “The IAA’s outreach programme includes a focus on financial sustainability of global and national insurers, microinsurance, and regulatory capacity development, in recognition of the economic value of these activities to developing communities. The alignment of the profession’s goals with those of the UNEP Finance Initiative is clear. The profession’s expertise in the evaluation of risk and opportunity allows actuaries working in these fields to provide expert and objective commentary on public policy issues, always with an emphasis on the public good. I am sure that our status as a supporting institution will present valuable opportunities for actuaries to contribute more broadly to the wellbeing and sustainability of the global community.”

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