Swiss Regulator Urges Stronger Risk Modeling for Nature-Related Financial Threats
FINMA’s recent initiative places risk modeling and scenario analysis front and center.
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Banks Price In Risk Following FEMA Flood Map Changes
A new study shows that when FEMA’s 2016 flood map revisions removed thousands of New Orleans homes from high-risk zones, banks quickly raised mortgage rates and down-payment requirements to compensate for the sudden loss of mandatory flood insurance.
