Publication

PRA consults on how it expects banks and insurers to improve their climate risk management

calendar icon 13 May 2025
time icon 3 min

Author

Krish Kistnassamy
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Krish Kistnassamy

Head of General Insurance

The PRA has released a detailed consultation on how it expects banks and insurers to strengthen their management of climate-related risks.

In this Newsflash, our Head of General Insurance, Krish Kistnassamy, offers practical insights and early analysis of what the proposals mean for insurers.

Download to explore:

  • Key changes to governance, risk appetites, and scenario analysis

  • What the PRA expects of Boards and how to prepare

  • Implications for ORSA, SCR, and the Solvency UK balance sheet

  • Our early recommendations and next steps

Read the full publication

We will be hosting a hybrid industry roundtable discussion at or London offices for our clients and contacts on June 12th at 4pm. Please let Krish, or your usual contact at Hymans Robertson, know if you would like to join the session in-person or virtually.

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