-related disasters – Hurricanes Harvey and Sandy – with longitudinal information on commercial mortgage performance, this paper … identifies the impact of climate risks on mortgage delinquency rates for commercial real estate mortgages. The results show that … both Harvey and Sandy led to elevated levels of commercial mortgage delinquency, with significant heterogeneity based on …

In this paper, we explore the climate risk exposure of U.S. life insurers’ commercial mortgage loan portfolios … institutional investors in the commercial real estate (CRE) market. They hold approximately 14% of the outstanding CRE mortgage … loans and are the third-largest institutional lenders in the U.S. commercial mortgage market. Life insurers are exposed to …

main contribution of this chapter is the incorporation of some aspects of financial modelling (mortgage backed securities … due to the different structure of mortgage contracts in both countries. The main contribution of this chapter is the … “idealized'' world in which the regulator has access to state-contingent environmental instruments. …