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Monday, March 23
 

2:00pm GMT

PRA SS 5/25 - What do insurers need to achieve, and how much by 3 June 2026?
Monday March 23, 2026 2:00pm - 3:00pm GMT
Online
The PRA's SS 5/25 marks a step change in how insurers must identify and address climate risk.

This session will lay out the regulator's expectations of insurers over the near and longer terms, including what insurers must demonstrate by 3 June 2026.

More specifically, it will cover:

  • The direct, transitional and litigation climate risks that relate to insurers
  • Background and introduction to SS 5/25
  • The key aspects of SS 5/25
    • Reorientation of governance to cater for climate risk
    • Use of climate scenario analysis
    • Dealing with data gaps
  • Practical insights into these aspects 
  • The immediate priorities
    • What must be achieved by the 3 June deadline
    • What will then happen after 3 June

Speakers
Aidan Thomson - Partner, Weightmans
Abhay Srivastava - Head of ESG, Weightmans
Alex Koukoudis - Senior Executive, Lloyd's Market Association
Event Hosts
avatar for Weightmans
Speakers
avatar for Abhay Srivastava

Abhay Srivastava

Head of ESG, Weightmans
Abhay works as Head of ESG at Weightmans LLP, where he is responsible for supporting key clients on ESG & Sustainability matters with his technical expertise, while leading the firm’s own ESG strategy and integration into the operating model. Abhay is credited with co-authoring... Read More →
avatar for Aidan Thomson

Aidan Thomson

Partner, Weightmans
Aidan is an environmental and sustainability law specialist. He works for clients across many industry sectors, in particular insurance.
 
His work across these sectors has exposed him to the full range of environmental liability and compliance issues, and the full range of conte... Read More →
avatar for Alex Koukoudis

Alex Koukoudis

Senior Executive, Lloyd's Market Association
Alex joined the LMA in April 2023 as Senior Executive for the Finance & Risk team, specializing in prudential risk, Corporate Sustainability & climate risk. In this capacity, he acts as the primary executive liaison for the Chief Risk Officers Committee (CROs) and is the key contact... Read More →
Monday March 23, 2026 2:00pm - 3:00pm GMT
Online
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