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International

Bank of England to push insurers to manage climate risks

March 25, 2019 Reprints

The Bank of England plans to spell out how it wants financial firms including insurers to manage climate change-related risks, Reuters reported. Mark Carney, the central bank's governor, said the central bank would tell insurers to regularly test their strategic resilience against climate change risks and appoint a senior official to manage environmental risks.

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Bank of England to push insurers to manage climate risks

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