Sep 22, 2020

DFS’s Insurance Circular Letter No. 15 (2020) – Climate Change and Financial Risks

DFS’s Insurance Circular Letter No. 15 (2020) – Climate Change and Financial Risks

Insurance Circular Letter No. 15 (2020) was issued to all New York domestic and foreign insurance companies by Linda A. Lacewell, Superintendent of New York State Department of Financial Services (NYDFS). The circular letter is intended to outline DFS’s expectations for the industry and begin a dialogue as to how DFS can best support the institutions’ efforts to manage the financial risks from climate change.

 

Author: New York State Department of Financial Services (NYDFS)