Anna Sweeney, executive director of the insurance supervision division at the Bank of England, today delivered a speech at Moody’s Insurance Summit webinar on ‘The resilience of insurers in a changing climate’. During the event, Sweeney noted that insurance companies will play a critical role through their support of climate-related risks and their provision of critical long-term finance, which supports economic growth.
“Consequently,” she said, “the resilience and the ability to manage climate-related risks within the insurance industry is of significant importance.”
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