In the press: Climate Risks, New Far-Reaching Obligations for Insurers

The article Climate risk places new, wide-ranging obligations on insurers by Jeff Buckstein, explores Guideline B-15 on Climate Risk Management, issued in 2023 by the Office of the Superintendent of Financial Institutions (OSFI).

This regulation requires all federally regulated financial institutions (FRFIs) in Canada to demonstrate how they understand and mitigate the potential impacts of climate risks on their business models and strategies.

Geosapiens and Revau are both featured in the article, along with expert insights from our CEO, Hachem Agili.

You can access the full article on the "INSURANCE Portal" (members only) here.