insurers’ stress tests News

France to Require Insurers, Banks to Run Climate Change Stress Tests in 2020

France’s financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy de Galhau said on Friday. Investors are increasingly putting pressure on companies to make concrete steps to helping implement the …

Bank of England Says Will Apply New Insurance Regulations ‘Proportionately’

The Bank of England said on Friday that it would apply new European Union insurance regulations “proportionately,” following industry fears that the central bank might seek to add extra rules for companies based in Britain. The so-called Solvency II rules, …