IIF Authors

Status: Will be live at 05/26/2023 12:21

IIF Insurance Climate Scenario Analysis Report

The IIF Insurance Climate Scenario Analysis Report analyzes the survey results collected from the IIF’s insurance members that had participated in supervisory climate scenario analysis exercises and/or have conducted internal exercises. The main objectives of the survey and subsequent report were to gather perspectives on the benefits and challenges of supervisory and internal exercises, to advance insurance sector perspectives on how supervisory exercises can be best designed, conducted and coordinated among insurance supervisors, and to determine best practices for internal exercises. The report concludes with a number of recommendations we hope will help facilitate dialogue on supervisory climate risk scenario analysis exercises with standard-setters and jurisdictional authorities, and will help inform the future advocacy work of the IIF on climate-related exercises.