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

More on Investment

BYD shares fall after Buffett's Berkshire Hathaway exits stake

BYD shares fall after Buffett's Berkshire Hathaway exits stake

Share price drops over three per cent in early trading, as filings confirm investment giant has sold its stake in the electric vehicle pioneer

Linus Uhlig, Investment Week
clock 22 September 2025 • 1 min read
London Stock Exchange: Investor portfolios becoming less carbon intensive

London Stock Exchange: Investor portfolios becoming less carbon intensive

But new analysis confirms aggregate emissions for key investment benchmarks are still rising

James Murray
clock 19 September 2025 • 2 min read
Clean energy investment giant Gresham House to buy SUSI Partners

Clean energy investment giant Gresham House to buy SUSI Partners

Deal set to take assets under management to over £10bn and boost company's energy transition investment capabilities

Patrick Brusnahan, Investment Week
clock 19 September 2025 • 1 min read