ACPR short-term climate scenario projects impairment losses of 13% on French insurer portfolios
The Autorite de controle prudentiel et de resolution's stress test involved 15 insurance groups covering almost 90% of activity.
The Autorite de controle prudentiel et de resolution published the results of its second climate stress test on 22 May 2024, the first such exercise dedicated solely to insurance undertakings. 15 insurance groups took part on a voluntary basis, covering almost 90% of total activity, and the ACPR commended the industry's involvement in making that coverage possible.
In the short-term…
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