EU’s Insurance Watchdog Warns of Risks Tied to Extreme Heat October 1, 2026 By Frances Schwartzkopff Europe’s insurance and pensions watchdog warned extreme heat is adding to risks the industries face. The European Insurance and Occupational...
ECB Official Warns of ‘Chronic’ Climate Risk as Weather Shocks Mount September 28, 2026 By Frances Schwartzkopff The European Central Bank’s top climate official says a pattern is emerging whereby the cumulative impact of extreme weather shocks...
Europe Seen Spending More Than $500 Billion to Adapt to Climate Change September 23, 2026 By Frances Schwartzkopff Europe is expected to spend €500 billion ($571 billion) on climate resilience measures through 2035, according to a fresh analysis...
Bankers Hit EU Privacy Wall in Race to Stem Evolving Climate-Related Credit Risk September 21, 2026 By Claudia Cohen, Frances Schwartzkopff and Alastair Marsh Banks under pressure from European regulators to manage extreme weather risks are bumping up against client data-privacy barriers that are...
US Ready to ‘Take Any Actions Necessary’ to Fight EU ESG Rules August 17, 2026 By Frances Schwartzkopff The US is doubling down on its efforts to quash European environmental and human rights rules it says unfairly impact...
Banks’ Exposure to Heat-Related Losses Faces Scrutiny in EU July 7, 2026 By Frances Schwartzkopff Europe’s bank watchdog will look at how exposed lenders are to heat-related risks, as temperature records keep getting broken. The...
Bank CEOs’ AI Obsession Collides With Warning From Watchdogs May 21, 2026 By Frances Schwartzkopff, Olivia Raimonde and William Shaw As bank executives increasingly tout the promise of artificial intelligence to slim down workforces, regulators are warning them not to...
World’s Growing Civil Unrest Has an Insurance Sting February 17, 2026 By Gautam Naik and Frances Schwartzkopff A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source...
UK Actuaries Sound Alarm on Loss Models Downplaying Climate Risk January 14, 2026 By Frances Schwartzkopff The finance industry is relying on climate models that understate the speed at which temperatures are rising, according to a...
EU Faces Renewed US Ire After ESG Cutbacks Fail to Calm Tensions December 24, 2025 By Frances Schwartzkopff The European Union’s ESG framework — a shadow of its former self after a year of deep cuts — is...