Clean Energy Assets Face Coverage Risks, Zurich Insurance Says June 25, 2025 By Gautam Naik Assets designed to help fight climate change may soon risk losing access to insurance unless they’re adequately shielded from extreme...
ECB Amends Bank Capital Reviews to Reflect Extreme Weather Risks June 17, 2025 By Frances Schwartzkopff The European Central Bank is embedding climate risk into regular reviews of how well banks can absorb losses, marking a...
New Ratings Firm to Track Climate Hit on Infrastructure Assets June 17, 2025 By Simon Jessop A climate ratings firm created at French business university EDHEC has become the first to estimate projected financial losses for...
European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk June 13, 2025 By Claudia Cohen, Gautam Naik and Tom Fevrier When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris,...
Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather June 10, 2025 By Frances Schwartzkopff For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate...
South African Insurers to Face Climate Stress Test, SARB Says June 9, 2025 By Adelaide Changole South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to...
Global Banking Regulators Agree to Prioritize Climate Risk Work May 13, 2025 By Virginia Furness Global banking regulators on Monday agreed to intensify efforts to better understand the financial risks posed by climate change amid...
US SEC Will Not Defend Climate Rule in Court February 12, 2025 By Isla Binnie, Virginia Furness and Jonathan Stempel The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial...
Europe’s Insurers May Face New Capital Rules for Climate Risk January 31, 2025 By Gautam Naik Europe’s insurance watchdog has called for a recalibration of capital requirements to reflect rising climate-driven disasters across the continent. The...
German Watchdog Raises Focus on Physical Risks Stemming From Climate Change January 28, 2025 By Nicholas Comfort German watchdog BaFin said the country’s financial industry needs a better grasp of physical risks stemming from climate change because...