Today, the IAIS published the 2021 GIMAR special topic edition on the impact of climate change on the financial stability of the insurance sector. This special topic edition assesses how insurance sector investments are exposed to climate change. Drawing on unique quantitative and qualitative data gathered from the wide IAIS membership, analysis was carried out to better understand insurers’ asset-side exposures to, as well as supervisors’ views on, climate-related risks. In addition, scenarios were developed to assess climate change impact on a forward-looking basis.

Read the press release here or click here to access the report directly.