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

 Report: Green business M&A activity hits $4.1tr since 2015

Report: Green business M&A activity hits $4.1tr since 2015

New analysis from London Stock Exchange Group shows green deals are on the rise globally, but activity is concentrated among those businesses with existing low carbon holdings

clock 23 June 2026 • 2 min read
Study: Annual private nature investment grew five-fold over the past decade

Study: Annual private nature investment grew five-fold over the past decade

Institutional capital has established a 'stronger presence' in nature markets that were deemed 'fairly niche' only a decade ago, new study finds

Stuart Stone
clock 22 June 2026 • 4 min read
Pensions sector sustainability groups commit to closer collaboration

Pensions sector sustainability groups commit to closer collaboration

TSWG and ICSWG say co-operation could lead to more 'practical' and 'impactful' action

Martin Richmond
clock 22 June 2026 • 2 min read