• Catastrophe risk capacity must double under "no further action" climate scenario

    21 October 2022

    Bank of England staff investigation reveals some insurers' business models under threat

  • We have an open mind on capital for climate risk, says UK regulator

    20 October 2022

    Sam Woods introduces Bank of England's conference on the topic

  • Risk of a rush to green assets necessitates policy clarity, says BoE official

    13 July 2022

    The risks to financial stability posed by a disorderly transition will rely on companies and investors having a clear view of the future, a senior Bank of England official said.

  • Insurers need more "non-standard" data on climate change, BoE warns

    12 July 2022

    Insurers will need "a lot of non-standard information" about their supply chains and customers to assess how climate change could hit their businesses...

  • Bank of England told to expand work on nature-related risk

    05 July 2022

    The Bank of England's Financial Policy Committee (FPC) has recommended the central bank expand its work on nature-related risks, in a move heralded as a first.

  • UK insurers set five-point plan to maximise climate risk management

    10 June 2022

    The Association of British Insurers (ABI) has called on the UK government to fulfil five actions needed for the insurance sector to further tackle climate change.

  • BoE's Breeden warns against 'paper decarbonisation'

    01 June 2022

    There is a risk of a failed energy transition if financial institutions do not back up their transition plans with investment to decarbonise heavy-emitting activities, a senior Bank of England official has warned.

  • Lloyd's: Support don't cancel fossil fuels

    12 May 2022

    The debate on fossil fuels is "too black and white" said Lloyd's chairman Bruce Carnegie Brown, who added investors should support the industry to change "rather than cancel" its investment in it.