On 28 November 2023, Rajah & Tann Singapore organised an in-person seminar titled “ESG and Insurable Interest: Old Wine in New Bottles?”
These days, the Environmental, Social, and Governance (ESG) movement is fast emerging as one of the most significant changes which companies around the world are forced to adapt to. The speakers discussed the environmental-related legal and regulatory developments in Singapore and delved into some salient issues on how ESG impact insurers. Aside from looking into the current law on insurable interest in Singapore, the speakers also covered the following:
- how ESG-related regulations are affecting insurers;
- the impact of the ESG movement on insurance claims;
- the genesis of the requirement for insurable interest; and
- whether the requirement for insurable interest is still relevant today.
Wang Ying Shuang, Deputy Head of the Insurance & Reinsurance Practice, and Partner Alvin Ee were the speakers.
