Key gaps remain in insurers’ response to climate change: BoE’s Claus
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Key gaps remain in insurers’ response to climate change: BoE’s Claus

bank green Claus2.jpg

Key gaps remain in insurers’ responses to the demand for climate-change action, according to Stefan Claus, head of the insurance division at the Bank of England (BoE).

Speaking at the Association of British Insurers’ Climate Change Summit about the results of the climate biennial exploratory scenario exercise (CBES), Claus noted that the exercise’s focus had been on the safety and soundness of companies in response to...

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