Few Banks Carry the Majority of Europe’s Increasing Climate Risk: ECB
For banks and insurers, the ECB argues that better loss and climate modeling is needed to prepare for the crisis.
Read next
Private Credit Liquidity Never Was the Problem for Insurance. But the Maturity Wall Is
A redemption panic that hit the private-credit market over the past several months is not the insurer/investor problem, according to industry professionals. However, a looming maturity wall is the one private-credit risk a buy-and-hold annuity book can't structure away.
