Britain’s biggest insurers will be exempt from having their most important indicator of financial health externally audited under proposals issued...
Bank of England News
Equity portfolios may lose as much as 45 percent of their value due to shifting investor sentiment about climate change,...
A change to the list of globally systemically important insurers (G-SIIs) suggests the potential for being added to or removed...
Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., has been added to a list of insurers deemed systemically...
Insurers are unprepared for the costs of climate change, the top United Nations climate diplomat said as world leaders make...
Executives at UK insurers, mortgage brokers and payday-loan companies will be covered by the same “duty of responsibility” as those...
Lloyd’s of London and other UK insurers called for collective action to address climate change on Thursday, after a report...
Lloyd’s of London Chairman John Nelson criticized the business community, saying companies are too focused on profit and are at...
Bank of England Governor Mark Carney said UK insurers face potentially “huge” exposure to shifts in climate-change policy and Group...
The Bank of England will issue its verdict in December on the models insurance companies use to quantify risk and...