This video, part of a series by Christian Y. Robert, explores the integration of climate risk into the Own Risk and Solvency Assessment (ORSA) as outlined in the European Insurance and Occupational Pensions Authority (EIOPA) 2022 guide. The presentation covers the regulatory requirements and practical steps for insurers to assess climate-related risks within their ORSA processes. Key topics include identifying physical and transition risks, scenario analysis, and ensuring that climate factors are embedded in risk management and capital planning. The guide emphasizes the importance of forward-looking assessments to enhance financial stability and resilience against climate change.
For a comprehensive understanding, viewers are encouraged to watch the full video series, including Part II, which continues the discussion.