The IAIS has welcomed the moves by the International Sustainability Standards Board to create a global standard for disclosures of climate-related financial risks.
The IAIS has welcomed the moves by the International Sustainability Standards Board to create a global standard for disclosures of climate-related financial risks.
In advance of COP26, the IAIS confirms its continued commitment to urgently advance work to address risks and opportunities associated with climate change. The IAIS will support its Members to further strengthen their focus on actions taken by insurers to assess and address climate-related risks and to support an orderly transition to net-zero. The IAIS […]
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.