NRCP Discloses its Commitments to the UNEP FI Principles of Sustainable Insurance
[May 22, 2017]
Disclosure #1 (commitments for September 2014 to September 2015)
see Commitment Form
Disclosure #2 (commitments for September 2015 to September 2016):
NRCP convened its clients and the Philippine insurance regulator in its two Annual Technical Fora in
September 2015 and 2016. The fora aimed to provide an avenue for discussion on determining risk
appetites and strategy, setting retention limits, and adjusting to the new risk-based capital framework.
NRCP participated in fora focused on promoting the role of the insurance industry in
managing disaster risk through solutions and partnerships in risk assessment
and transfer. NRCP attended an event organized by PSI Initiative and the Philippine
insurance trade association held in support of the 2016 Forum of the UNFCCC’s Standing
Committee on Finance. NRCP also participated as a resource speaker at the Top Leaders
Forum of the Philippine arm of the UNISDR Private Sector Alliance for Disaster Resilient Societies (ARISE).
NRCP provided its clients technical advisory in managing their risk exposures and improving
their risk transfer mechanisms by using catastrophe models and reserving tools.
NRCP has been a signatory company
(unepfi) to the UNEP PSIs since 2015.