Our Solutions - Cyprus
Life Assurance Portfolio Cyprus
Sustainability-related disclosures
The EU Regulation 2019/2088 on sustainability related disclosures in the financial services sector requires us to provide a classification of funds linked to the insurance product and make available related specific information. The classification of the products offered is based on the following distinction:
- Art. 8) “A financial product that promotes, among other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices”.
- Art. 9) “If a financial product has sustainable investment as its objective and an index has been designated as a reference benchmark”.
This product follows investment objectives which don’t include sustainability factors (intended as environment or social characteristics, or as a combination of both this characteristics).
Art. 8
This product does not present investment strategies classified ex art. 8.
Art. 9
This product does not present investment strategies classified ex art. 9.
