-
Regulators consider capital for climate risk
15 December 2022Insurance regulators are keen to ensure their prudential frameworks properly incorporate climate risk. But whether this should be reflected in capital requirements is proving a difficult question to answer, as Christopher Cundy reports
-
Insurers taking concrete steps in better climate practices, says UK regulator
21 October 2022Sam Woods letter highlights risk management as key area, but work remains to be done
-
We have an open mind on capital for climate risk, says UK regulator
19 October 2022Sam Woods introduces Bank of England's conference on the topic
-
Sam Woods: UK must avoid regulatory race-to-the-bottom after Brexit
08 July 2022Industry reaction to Solvency II matching adjustment proposals has been "strongly negative"
-
UK climate test results: insurers told to do better
24 May 2022The Bank of England has published the results of its CBES test
-
UK regulators publish two-year roadmap for insurers
02 November 2021The regulators have set out the key milestones that will affect the re/insurance sector
-
PRA says capital charges are wrong tool to address climate change's causes
28 October 2021But regulator acknowledges capital regimes can help combat consequences of global warming
-
UK's Climate Financial Risk Forum issues more guidance for insurers
21 October 2021The second round of guides are designed to help financial firms address climate risk
-
PRA chief Sam Woods hits back at climate campaigners
24 September 2021"Completely non-credible" for UK regulator to ignore climate risks
-
UK insurers reveal climate change readiness in SFCRs
05 July 2021Some divulge extent of rise in claims from climate stress-tests