Roadmap: Identification and integration of nature-related risks and impacts in underwriting and insurance brokerage

Detalles

The insurance and reinsurance sector can play a critical and differential role in identifying and quantifying nature losses, developing solutions to manage exposure to nature-related risks, promoting nature protection and restoration, and working with the broader financial sector to transform the way the economy values nature and the ecosystem services it provides. Provides.

Building on the publication "Why nature matters: Nature-related risks and opportunities for insurance underwriting", this roadmap details a path for insurers/reinsurers to move towards nature-positive underwriting by highlighting:
  • The challenges faced by the insurance industry in integrating nature-related risks into underwriting. 
  • Leading practices for incorporating nature into underwriting and other financial activities.
  • Actions available to accelerate progress on nature-positive underwriting, focusing on risk, opportunities and engagement.

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