Bank of England to scrutinise insurance firms' climate risk planning

Michael Holder
clock • 3 min read

UK insurers will be called upon next month by the Prudential Market Authority to stress test their business against a range of climate and transition risks

UK insurers will soon be called upon to stress-test how their businesses will be affected by the low carbon transition in a bid to tackle the "cognitive dissonance" that afflicts the sector's approach...

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

Meatly to build Europe's largest cultivated meat facility in London

Meatly to build Europe's largest cultivated meat facility in London

Pet food producer to locate 20,000-litre bioreactor facility in the UK after securing £10.4m in Series A funding

Stuart Stone
clock 07 May 2026 • 3 min read
NatWest AGM interrupted by climate protestors

NatWest AGM interrupted by climate protestors

Re-elected NatWest chair agrees to meet investors concerned at bank’s climate policy, after AGM hit by protests

Stuart Stone
clock 28 April 2026 • 4 min read
Forest secures £27m funding boost for London e-bike expansion

Forest secures £27m funding boost for London e-bike expansion

Company now has 1.5 million users and enables two million rides a month in London, making it the world's largest shared e-bike market

clock 28 April 2026 • 2 min read