European Insurers’ Fundamentals Resilient to Moderating Premium Rates, Falling Yields December 19, 2024 By Sabine Bauer and Manuel Arrivé European insurers approached the new year from a position of strength, having benefited from supportive interest rates and pricing cycles...
Bank of England Finds Non-Bank Financial Firms Pose Wider Risks in Crisis Periods December 2, 2024 Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able...
Bank of England to Deepen System-Wide Stress Test for Banks, Insurers November 13, 2023 By Huw Jones The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...
Rapid Shocks in Store for Insurers in New Bank of England Stress Tests October 3, 2023 By Huw Jones The Bank of England said on Tuesday it will check the health of general insurers in 2025 with a “stress...
Europe’s Banks, Insurers Prepare for Potential Winter Power Cuts, Energy Rationing September 7, 2022 By Sinead Cruise and Iain Withers Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they brace for potential power...
Japanese Insurers Struggle with Climate Change Cost Estimates June 25, 2021 By Leika Kihara and Takahiko Wada TOKYO – As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees...
Explaining Climate Change and Financial Disclosure for Insurers June 25, 2021 TOKYO – Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort...
COVID-19 Pandemic to Intensify Risks for Insurers: EU Regulator July 30, 2020 Insurers in the European Union are confronted with risks on several fronts that are intensified by the COVID-19 pandemic, and...
EU Weighs Stress Tests to Improve Financial Firms’ Buffers Against Climate Risks November 7, 2019 The European Commission is considering stress tests and measures to force financial firms to raise their buffers against climate-change risks,...
UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change August 2, 2019 By Mathew Carr and Lisa Pham The Bank of England for the first time is asking British insurers to gauge how global warming might impact the...