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Climate risk in financial services

Financial institutions must embed climate risks in line with investor, public and regulatory expectations.

Preview of climate change insurance round-table

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This is a preview article on climate change risk for insurers that was the result of a round-table held at the ICAEW featuring members from banks, insurance companies and independent experts.

Embedding climate change financial risks

Climate change related financials risks will have to be embedded in financial services firms’ strategies and risk management and disclosed in line with the TCFD recommendations.