Belgian insurer expands ESG offering with Solactive climate care index

Marc Wolterink, 15 February 2018

AG Insurance has expanded its sustainable offering with the launch of AG Target+ USD Climate Care 2026 in Belgium. The eight-year, capital protected product is available as a life-insurance contract (Class 23) and participates 160% in the positive performance of the Ethical Europe Climate Care Index, which is calculated and distributed by Solactive. The assets of the net premiums of the product are fully invested in a medium-term note issued via BNP Paribas Fortis Funding, the Luxemburg domiciled vehicle of BNP Paribas Fortis (which in turn acts as the guarantor).

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