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United Kingdom Climate change Regulation

Legal Focus: Quantifying, reporting and addressing climate-related financial risk

The Bank of England's Climate Biennial Exploratory Scenario exercise has highlighted deficiencies in financial firms’ approach to climate change risk management arising from deficiencies in data collection and modelling but there is still time for insurers to act

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In light of the increased public interest in climate-related issues and the evolving climate litigation landscape, insurers would be well advised to take steps now to assess their climate-related risk and ensure such risks are adequately addressed

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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