The impact of Climate Change on insurance premiums
The French Prudential Supervision and Resolution Authority (ACPR) together with the French Central Bank (Banque de France) conducted a voluntary climate stress testing pilot exercise from July 2020 to April 2021. It stress-tested 9 banking and 15 insurance groups in France over the following hypothesis: 30-year long-term horizon covering the 2020–2050 period with a combination […]