iua – IUA SURVEY SHOWS CLIMATE RISK IS TOP LONDON MARKET CHALLENGE

The top challenge currently facing London market companies is climate risk, a new survey by the International Underwriting Association has revealed. In a survey of its members the organisation recorded 27% of respondents mentioning climate change and wider environmental, social and governance (ESG) issues when asked what are the top three challenges facing your company? The second most popular answer was regulatory change (mentioned by 22%) and third was challenges raised by the Covid-19 pandemic, particularly a shift to remote working (17%).