Climate risk management for insurers – benchmarking of emerging best practice (update report)

Climate risk management and the resultant disclosures remain a key focus for insurers, driven by developing regulations and wider stakeholder demand.

To assess how the industry has been approaching this critical topic, we analysed the climate-related public disclosures of European and UK insurers in 2021. The analysis was published in our November 2021 paper which was produced in collaboration with Solvency II Wire ‘Climate Risk Management for Insurers – Benchmarking of Emerging Best Practice’.

Recognising that this is an area of rapidly evolving practices, we provide an update, again in collaboration with Solvency II Wire of the analysis based on the 2021 year-end disclosures.

Read in full: Climate risk management for insurers (update report)