Social and economic impact

Central Bank of Ireland publishes Guidance for (Re)Insurance Undertakings on Climate Change Risk

The insurance industry has for a long time sought to identify the best practical methods for selecting investments to maximize returns within an acceptable level of credit risk.

Modelling assets composing insurers’ portfolios from an environmental point of view is a challenging topic. The calculation of the Solvency Capital Requirement (SCR) may be adapted within internal models to take into…

Developing scenarios for climate transition risks for the Own Risk and Solvency Assessment (ORSA) will become an important challenge for the industry.

We illustrate a modeling approach that serves as a useful tool to explore the potential impacts of climate risk on future asset returns.

Environmental, social and governance (ESG) investing has seen tremendous growth recently and is projected to account for a significant portion of global investment.

The Taskforce on Climate-Related Financial Disclosures (“TCFD”) was established to develop recommendations for more effective climate-related disclosures.

The European Insurance and Occupational Pensions Authority (EIOPA) has published its opinion on the supervision of the use of climate change risk scenarios in ORSA.

The aim of this briefing note is to provide a “beginner’s guide” to climate risk for Irish insurers, an introduction to what the Central Bank of Ireland and the European Insurance and Occupational Pensions…

This client briefing describes the proposals of the 2021 biennial exploratory scenario.

What metrics are most useful to insurance companies when considering the risks and impacts of climate change?

Insurers can play an active role in educating consumers about how to protect their families, homes, and property. They can also help mitigate risks and contribute to building a successful climate resilience strategy.

This paper considers the current and developing regulation, in the UK and Europe, surrounding climate change-related risks.

This episode of Critical Point discusses the future of flood insurance and what protecting a home from flood might look like a few decades from now.

The visibility of climate’s impact on property hazard is increasingly leading individuals and their chosen leaders to ask: how might an increase in hazard affect the desirability of living in various communities, and…

In recent years, the private flood sector has grown rapidly and will likely continue to grow until the new market significantly closes the U.S. flood “protection gap.”