Bank of England to scrutinise insurance firms' climate risk planning

Michael Holder
clock • 3 min read

UK insurers will be called upon next month by the Prudential Market Authority to stress test their business against a range of climate and transition risks

UK insurers will soon be called upon to stress-test how their businesses will be affected by the low carbon transition in a bid to tackle the "cognitive dissonance" that afflicts the sector's approach...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Why sustainable procurement is imperative for a climate-resilient world

Why sustainable procurement is imperative for a climate-resilient world

Sustainable procurement is a transformative tool that can help deliver on sustainable development goals and drive down emissions, writes Anne-Claire Howard from the UN Office for Project Services (UNOPS).

Anne-Claire Howard, UN Office for Project Services
clock 18 November 2024 • 4 min read
Mansion House: Chancellor to promise sweeping reforms to unlock green investment

Mansion House: Chancellor to promise sweeping reforms to unlock green investment

Rachel Reeves will this evening announce a wide-ranging package of financial services reforms and consultations designed to drive growth and boost clean energy investment

James Murray
clock 14 November 2024 • 6 min read
'Setting new standards for inclusion': Female-founded climate fintechs achieve early-stage funding parity

'Setting new standards for inclusion': Female-founded climate fintechs achieve early-stage funding parity

New research claims climate fintech is performing better than the wider tech sector in attracting early stage investors

Stuart Stone
clock 14 November 2024 • 3 min read