QBE gears up for first insurance green bond

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QBE gears up for first insurance green bond

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Generic image of QBE signage in Brisbane, Monday, Feb. 27, 2017. The Insurance giant has reported a 5 per cent jump in net profit in the year to December 31 and announced a $1 billion share buyback ahead of expected earnings growth. (AAP Image/Dave Hunt) | DAVE HUNT/AAP/PA Images

Australia’s QBE Insurance Group is looking to become the first insurer to sell a green bond, having mandated banks for a new transaction on Wednesday.

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