Companies

Bank prods insurers about climate plans

Name: Bank prods insurers about climate plans
Uploaded: 2014-10-27T16:01:42.068Z
Duration: 4 min 7 s
Channel: Financial Times
Description: Bank of England concerned about financial fallout of global warming

The Bank of England has written to insurance companies to assess the risk climate change poses to their solvency and earnings. FT environment correspondent Pilita Clark and City editor Jonathan Guthrie discuss the move and regulators’ concern about global warming.

October 27, 2014

Filmed by Rod Fitzgerald. Additional footage by Reuters. Produced by Vanessa Kortekaas.