AAE Risk Management Committee | Sustainability and Climate Related Risks :: Media

AAE Risk Management Committee | Sustainability and Climate Related Risks

uploaded October 11, 2022 Views: 68 Comments: 0 Favorite: 1 CPD

Speakers:

Description:

With respect to climate change the basic principle “same risk - same capital” is underlined:

• If so-called ‘green supporting’ or ‘brown penalising’ factors are introduced in Solvency II capital requirements, they should be science based and reflect the quality of investments and the inherent risks

• If such factors are also introduced on the underwriting side, similar riskbased requirements apply

• It is acknowledged that the integration of emerging risks cannot rely solely on historical statistics but needs to factor in forward-looking considerations

Sponsoring Partner

Categories

Media AAE Risk Management Committee | Sustainability and Climate Related Risks

Sponsoring Partner