MSCI in Practice: Managing Climate-related Risks and Navigating the Rise of Climate Regulations for Insurers

Our recent event was designed to equip insurers with insights and tools to help them navigate evolving regulatory requirements and effectively manage climate-related risks.

The regulatory landscape for climate-related risk management and disclosures in the insurance sector had rapidly evolved. Insurers worldwide were facing increasing requirements for managing and disclosing climate-related risks. Key regulatory bodies – such as the European Insurance and Occupational Pensions Authority (EIOPA), the Office of the Superintendent of Financial Institutions (OSFI Canada), New York State Department of Financial Services (NY DFS), and the Financial Services Authority Japan were continually updating their guidelines. These changes were driving insurers to adopt more rigorous and transparent approaches to climate risk management and reporting, including materiality assessments and performing climate scenario analysis.

During this session, MSCI showcased insights, data, and tools that insurers could use to:

• Prepare to align with climate-focused regulations requiring disclosure for current and future climate risk exposure in investments and underwriting
• Integrate climate data across investments, including measuring PCAF-aligned financed emissions across asset classes and climate scenario analysis
• Leverage climate data to assess transition risks in the underwriting process and incorporate physical risk data to assess asset-level exposure to physical risks across climate scenarios

Watch the replay today.