Physical climate risks cloud insurers' risk management; enhanced climate disclosures benefit banks

James Eck and Brandan Holmes explain how rising physical climate-related claims complicate insurers' risk management; Olivier Panis discusses benefits for banks of enhanced climate change reporting.Speakers: Olivier Panis, Senior Vice President, Moody’s Investors Service; James Eck, VP-Senior Credit Officer, Moody’s Investors Service; Brandan Holmes, VP-Senior Credit Officer, Moody’s Investors ServiceHosts: Danielle Reed, VP – Senior Research Writer, Moody’s Investors Service; Myles Neligan, VP – Senior Research Writer, Moody’s Investors ServiceRelated Research:Insurance – Global: Rising physical climate risk generates uncertainty, complicates risk managementP&C Insurance and State Government — US: Sharp pricing hikes draw reinsurers to Florida; insurance market strains continueEnhanced climate change reporting will help banks manage risks