The 2021 Global Insurance Market Report (GIMAR) presents outcomes of the Global Monitoring Exercise (GME), the IAIS’ framework for monitoring risks and trends in the global insurance sector and assessing the possible build-up of systemic risk. Insurers’ solvency ratios continued to improve over 2020; however, vulnerabilities remain. Key risks and trends facing the global insurance […]
More than 35% of insurers’ invested assets are exposed to risks from climate change, according to data covering 75% of the global insurance sector. Scenario analysis confirms significant benefits of an orderly transition towards internationally agreed climate targets from both a financial stability and solvency perspective. IAIS report provides important insurance supervisory perspective in international […]
This special topic edition assesses how insurance sector investments are exposed to climate change. Drawing on unique quantitative and qualitative data gathered from the wide IAIS Membership, analysis was carried out to better understand insurers’ asset-side exposures to, as well as supervisors’ views on, climate-related risks.