Considerations for climate risk metrics

The European Insurance and Occupational Pensions Authority (EIOPA), the G20-supported Task Force on Climate-related Financial Disclosures and the United Kingdom’s Prudential Regulation Authority (PRA) have all published various papers and statements aiming to encourage companies to disclose the impact of climate change on their business. The emphasis is felt across the board with regulators aiming to ensure that both firms and individuals are able to take into account the risks of climate change when making financial decisions. In this paper, Milliman professionals explore what metrics are most useful to insurance companies when considering the risks and effects of climate change.

Leave a Reply

Your email address will not be published. Required fields are marked *