AM Best to Discuss Climate Risk Views with NAIC Subcommittee

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best Associate Director Jessica Botelho-Young will discuss the company’s views on climate risk during an upcoming subcommittee meeting being held by the National Association of Insurance Commissioners (NAIC).

Botelho-Young will be part of an online NAIC panel discussion focused on credit rating agency views of climate change, during a meeting of the NAIC’s Climate and Resiliency Task Force Solvency Workstream, scheduled for June 1.

AM Best is a signatory of the United Nations Environment Programme’s (UNEP) FI Principles for Sustainable Insurance and strongly supports the management of environmental, social and governance (ESG) efforts that benefit society. Over 140 organizations worldwide have adopted the four Principles for Sustainable Insurance, including insurers representing more than 25% of world insurance premium volume.

Based in London, Botelho-Young is responsible for overseeing the analysis and financial ratings of insurers and reinsurers in the Europe, Middle East and Africa (EMEA) region, with a particular emphasis on multinational insurance groups.

To learn more about AM Best’s involvement with ESG, please visit our Environmental, Social & Governance (ESG) webpage.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2021 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210511005728/en/

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
[email protected]

Jim Peavy
Director, Communications
+1 908 439 2200, ext. 5644
[email protected]

Source: AM Best

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