PRA flags climate change and silent cyber in Dear CEO letter to insurers
The Prudential Regulation Authority has warned insurers on the need to consider silent cyber exposures and that progress on embedding supervisory expectations on climate change has not been consistent across all firms.
In a Dear CEO letter to insurers sent on 12 January the PRA listed financial and operational risk resilience, climate change and diversity and inclusion among its 2022 supervision priorities.
The
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