This TC Note and accompanyng podcast provides practical guidance to supervisors in emerging economies on the role of policyholder protection schemes (PPSs), as climate-related risks are affecting insurer vulnerability and recent events reveal new intracacies about the interaction between catastrophes and insurer failure.

Additionally, the Note:

• Clarifies what PPSs are and describes the global landscape
• Explains how climate change affects supervisory assumptions
• Presents lessons from recent catastrophe-related cases
• Suggests supervisory priorities in jurisdictions with and without PPSs

Guest: 

Michael Hafeman,Program Leader, Toronto Centre

Host: 

Mamta Suri,Program Director, Toronto Centre

Read the transcript. Read their biographies.