Measuring climate risks is a challenge for insurance, experts said at a conference on sustainable finance organised by the European Insurance and Occupational Pensions Authority (EIOPA) on Wednesday 7 December.
Discussing climate change and financial stability, the panellists argued for the importance of modifying risk tests, shock scenarios and their analysis.
Vicky Saporta, Chair of the Executive Committee of the International Association of Insurance Supervisors (IAIS) and Executive...