Scenarios and main assumptions of the 2023 climate stress test exercise

The publication includes:

• A main document setting out the scenarios and the main assumptions used in this climate stress test exercise;

• A technical guide, which specifies the technical details of the exercise;

• The templates that the participating insurers will have to submit to the ACPR teams;

• The Excel files presenting the macroeconomic and financial variables as well as the assumptions to be used by the participating insurers:

  • For the short term scenarios

  • For each long term scenario (Baseline, Below 2°C and Delayed Transition);

• The Excel files setting out the reaction assumptions for the insured demand (unaffordability thresholds), the healthcare assumptions provided by AON, as well as the correspondence table between the different sector classifications (NACE, BICS).