FRC to mandate actuaries to consider climate, ESG risks
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FRC to mandate actuaries to consider climate, ESG risks

Marcel Le Gouais
15 June 2022
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The UK’s Financial Reporting Council (FRC) has proposed rules that would require actuaries to consider ESG risks in their methodologies, amplifying the pressure on insurers to embed climate considerations throughout their operations.

The financial accounting standards regulator said actuaries would need to have regard to all material risk, including the consideration of climate change and ESG-related risks, which they might “reasonably be expected to know about at the time of carrying...

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Topics

News Regulation Energy ESG
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Marcel Le Gouais
Deputy Editor
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