NYDFS orders domestic and foreign insurers to incorporate climate risks into processes for first time.

The New York Superintendent of Financial Services ordered both domestic and foreign insurers to “start integrating the consideration of the financial risks from climate change into their governance frameworks, risk management processes and business strategies,” underscoring a global shift to greater focus on climate risk analysis.

Brokers and risk managers must adjust and adapt to more in-depth reporting and update their risk management strategies. Stay ahead of the curve with Maptycs.

#risktech #insurtech #climaterisk #riskmanagement


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