CBES Physical Risk Analysis

Assistance with Lloyd's CBES Physical Risk Response to the Bank of England


Max Info provided support to Lloyd's and the ten managing agents from the Lloyd's marketplace that were required to respond to the physical risk section of the Bank of England's 2021 Climate Biennial Exploratory Scenario (CBES) exercise. The exercise required major UK financial institutions to stress test their balance sheets to three climate change scenarios, and to report on projected impacts under these stress scenarios.