
European Insurers Brace for Stricter Capital Rules Amid Rising Climate Risks
3 months ago
In a significant shift towards strengthening financial resilience against climate-related challenges, European insurers may soon face new capital regulations specifically designed to address climate risks. The proposed adjustments are part of an ongoing effort by regulators to ensure that the financial sector can withstand the increasing threats posed by climate change, which has been underscored by a series of recent environmental disasters.
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