Irish Watchdog Eyes Climate Risks Guide For Insurance Biz

By Irene Madongo (August 4, 2022, 2:41 PM BST) -- The Central Bank of Ireland has proposed introducing guidance on the insurance industry's approach to addressing climate change risks, saying it expects to see a step change in the way firms respond to a warming environment.

The regulator said on Wednesday insurers and reinsurers need to act now to properly manage climate change risks, noting the severity of weather related events linked to climate change, and that there has been a rise in insured claims arising from physical events.

It also pointed to its May 2021 survey that found that only 20% of reinsurers and insurers fully integrate climate-change risk in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!