What we would focus on is simply our banks quantifying their exposure to climate risk, then building it into their risk management. As a result of that analysis or other work, individual financial institutions—be they banks or insurers—may incorporate that into their product design and pricing. That wouldn't be unusual. For example, typically, if homeowners put in place a security system, they have a lower insurance premium.
Could that happen as sophistication around our understanding of climate risk improves? Yes.