by Regitze Ladekarl, FRM | Oct 23, 2023 | Climate Risk, Risk Report
It might not be the most spectacular Florida Man story, but it is one of the more concerning ones. In this year of extreme weather events—September was the warmest on record ever—insurance companies are adapting their business models to what is here and will keep...
by Joey Doyle | Oct 3, 2022 | Climate Risk, Regulations, Uncategorized
This blog series explores initial industry research into managing climate risk so that you understand what is at stake for your financial institution (FI), as well as how to get started with measuring and mitigating this emerging source of risk. We have presented an...
by Jonathan Leonardelli, FRM | Jun 9, 2020 | Regulations
In a recent webinar I participated in with SAS we discussed Economic Impact Analysis (EIA). While EIA is similar in concept to stress testing, its main goal is to allow credit unions to move quickly to evaluate economic changes to their portfolio—such as those brought...
by Philip Lawton | Oct 12, 2017 | Regulations
Determining whether an unimpaired asset’s credit risk has meaningfully increased since the asset was initially recognized is one of the most consequential issues banks encounter in complying with IFRS 9. Recall the stakes: The expected credit loss for Stage 1 assets...
