Banking - Life Insurance International https://www.lifeinsuranceinternational.com/banking/ Mon, 24 Jul 2023 09:37:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2022/01/cropped-Life-Insurance-150x150.png Banking - Life Insurance International https://www.lifeinsuranceinternational.com/banking/ 32 32 <![CDATA[Why climate stress tests are not fit for purpose]]> https://www.lifeinsuranceinternational.com/features/why-climate-stress-tests-are-not-fit-for-purpose/ https://www.lifeinsuranceinternational.com/wp-content/uploads/sites/8/2023/07/shutterstock_2138762345-ca4accaaf6cf4e05c08811aa150b8d8a.jpg Mon, 24 Jul 2023 09:37:56 +0000 https://www.lifeinsuranceinternational.com/?p=45494 Scenarios used by central banks to conduct climate-risk stress tests have been criticised as not fit for purpose because they fail to account for severe economic shocks caused by climate “tipping points”.

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