The Financial Services Agency (FSA), in cooperation with non-life insurers（19 companies） and the General Insurance Rating Organization of Japan, conducted the 2nd scenario analysis, referring the 4th vintage of scenarios published by the Network for Greening the Financial System (NGFS).
The FSA have today published a report “2nd Scenario Analysis on Climate-Related Risks [Insurance Sector]”, which outlines key results and takeaways of the analysis.
2nd Scenario Analysis on Climate-Related Risks [Insurance Sector]- 2nd Scenario Analysis on Climate-Related Risks [Insurance Sector] (Japanese)
* Other initiatives on sustainable finance can be found here.
