Stress test: Californian insurance industry heavily overexposed to coal risk

Madeleine Cuff
clock • 3 min read

Industry-wide analysis reveals insurance sector has exposure to coal consistent with trajectory for six degrees of warming

The California Department of Insurance (CDI) has become the first US financial regulator to conduct a climate-related financial risk stress test and analysis of insurers' exposure to fossil fuels, in what...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Investment

Over half of National Wealth Fund investment allocated to clean energy projects
Investment

Over half of National Wealth Fund investment allocated to clean energy projects

NWF's annual impact report confirms that for every £1m invested, fund is helping to avoid 6,900 tonnes of CO2 equivalent

Stuart Stone
Stuart Stone
clock 14 October 2025 • 3 min read
'Responsible mining can become the default': UN calls for overhaul of energy transition mineral financing
Investment

'Responsible mining can become the default': UN calls for overhaul of energy transition mineral financing

Report argues financing of mining should be reformed to help promote environmentally and socially responsible production

Amber Rolt
clock 10 October 2025 • 4 min read
'Returns, resilience, and growth': Top CEOs urge governments to seize 'historic opportunity' offered by climate economy
Investment

'Returns, resilience, and growth': Top CEOs urge governments to seize 'historic opportunity' offered by climate economy

Ahead of next month's COP30 Summit, the World Economic Forum's Alliance of CEO Climate Leaders publishes open letter urging world leaders to accelerate the transition to a low-carbon and resilient economy

Amber Rolt
clock 10 October 2025 • 3 min read