How Insurers Can Prepare for NAIC Climate Risk Disclosure Compliance
The big picture: The National Association of Insurance Commissioners (NAIC), the standard-setting body for the U.S. insurance industry, recently updated its Climate Risk Disclosure Survey to include 22 new binary (i.e., yes-no) questions focusing on risk management. In July, the NAIC will email applicable insurers the Reporting Year 2022 Climate Risk Disclosure Survey, which must […]
