Insurance to meet the challenge of the climate transition
An R&D programme on the transformation of the insurance business faced with the risks arising from the transition.
Modelling of the impact of physical and transition risk on insurance company solvency
In the face of climate disruption, insurers need to know exactly what weather-related disasters (e.g. drought, hurricanes) they will have to deal with in order to anticipate the costs and consequences for their business.
Modelling of the impact of physical and transition risk on banks’ solvency
Climate risk has now been clearly identified as a risk to be taken into account in banks’ capital requirements.
Bank sustainability
Since the 2008 financial crisis, the ability of banks to withstand negative shocks affecting the quality of their assets has been a key concern for the authorities, regulators, and executives.