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QBE Foundation delivers S$875k for insurance-led climate aid
The funding will help provide insurance access.
QBE Foundation has committed $683,223 (S$875,000) over two years to support climate-vulnerable communities in Asia through a new partnership with Humanity Insured.
The funding will help provide insurance access, premium support, climate modelling, and resilience training to groups such as smallholder farmers, coastal residents, and displaced populations.
QBE is the first insurer to join Humanity Insured with a focus on Asia.
The collaboration also allows QBE Asia teams to contribute expertise to strengthen climate risk resilience across the region.
($1.00 = S$1.28)
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