Nick Spencer
Senior Consultant
London, UK
Publications
Read their latest work
Article
監督声明5/25:気候関連リスク管理に関する銀行および保険会社のアプローチ強化
29 January 2026 - by Claire Booth, Monique Mahabir, Amy Nicholson, Nick Spencer
SS5/25は、より明確で比例的な気候関連リスクに関する期待事項を導入し、英国の保険会社に対してガバナンス、リスク管理、データ対応力の強化を求めています。
Article
Supervisory Statement 5/25: Enhancing banks’ and insurers’ approaches to managing climate-related risks
29 January 2026 - by Claire Booth, Monique Mahabir, Amy Nicholson, Nick Spencer
SS5/25 introduces clearer, more proportionate climate-risk expectations, calling on UK insurers to strengthen governance, risk and data capabilities.
Article
Milliman 2025 ORSA sustainability benchmarking survey
26 January 2026 - by Adél Drew, Jan Elders, Sandra Heaslip, Amy Nicholson, Nick Spencer
We assessed how European life insurance firms are responding to the intersection of climate-driven inflation and ORSA.
Article
ミリマン2025年ORSAサステナビリティ・ベンチマーキング調査
26 January 2026 - by Adél Drew, Jan Elders, Sandra Heaslip, Amy Nicholson, Nick Spencer
ミリマンでは、欧州の生命保険会社が気候変動によるインフレとORSA(リスクおよびソルベンシーの自己評価)にどのように対応しているかを評価しました。
Article
What UK pension funds could learn from the CP10/25 Draft Statement on ‘Enhancing banks’ and insurers’ approaches to managing climate-related risks’
04 September 2025 - by Nick Spencer
We discuss what pension funds need to know about this draft statement including best practice insights and how to identify and assess risk.
Article
コンサルテーションペーパーCP10/25まとめ:銀行および保険会社の気候関連リスク管理手法の強化について
18 July 2025 - by Claire Booth, Monique Mahabir, Amy Nicholson, Nick Spencer
気候リスク管理の強化を目的とするPRAのコンサルテーションペーパー10/25を受けて、本稿では、その提案内容および保険会社特有の論点について解説します。
Article
Summarising Consultation Paper 10/25: Enhancing banks’ and insurers’ approaches to managing climate-related risks
18 July 2025 - by Claire Booth, Monique Mahabir, Amy Nicholson, Nick Spencer
In the wake of the PRA’s Consultation Paper 10/25, which aims at enhancing the management of climate risks, we cover its proposals and insurance-specific issues.
Article
コンサルテーションペーパーCP10/25の主な論点と示唆:銀行および保険会社の気候関連リスク管理手法の強化―監督声明3/19の更新
18 July 2025 - by Nick Spencer
気候関連リスク管理手法の強化が求められる中、保険会社のCRO(チーフ・リスク・オフィサー)にとって重要な論点とその影響について解説します。
Article
Key Issues and implications from CP10/25: Enhancing banks’ and insurers’ approaches to managing climate-related risks–update to SS3/19
18 July 2025 - by Nick Spencer
With the requirement to enhance approaches to managing climate-related risks, we highlight key issues and implications for insurance CROs.
Article
Is your firm’s approach to climate scenario analysis in line with the proposed UK regulations?
04 June 2025 - by Nick Spencer
In April, the United Kingdom’s Prudential Regulation Authority (PRA) launched ‘CP10/25’, its consultation paper on managing climate-related risks, which will update the supervisory statement 3/19 (SS3/19).