Unique, regularly updated information and analysis of insurance industry responses to climate change risks and opportunities

OVERVIEW

Climate change is frequently ranked as a top strategic risk for insurance companies. Some insurers are proactively responding through a wide variety of green initiatives designed to better price risk and manage risks, as well as to shift consumer decisions and investment flows in sustainable directions. The Green Insurance Data Service provides the latest on who’s doing what, industry best practices, and opportunities for scaling and replication. It is world’s only comprehensive database of green insurance activities, cataloging over 1,500 green initiatives undertaken by over 500 entities in 50 countries. The database covers the entire history of green insurance globally, including past and present activities (1973-present).

A one-year, renewable subscription includes:

• • Full access to the finest-grain raw data on insurer activities on climate change adaptation and mitigation, including new products, services, research, investments, and innovations in corporate governance

  • Analysis and trends

  • Market map showing where activity is occurring

  • Market uptake examples

  • News postings on industry developments

  • List of emerging opportunities for specific insurance lines and market segments

  • Downloads, including original documentation, background studies, and more....

Information is updated regularly.

High-level summaries and selective data are periodically published in the public domain.

WEB PORTAL

News - Brief posts announcing relevant articles and reports, new products, etc.

Activities Database

• • framework - categories and subcategories of green insurance activities

  • summary - chart showing tally of activities, by major category in Framework tab (by activity, company type, and region)

  • database - finest resolution data at the individual activity level

  • green investments - catalog of specific insurer investments in climate change mitigation ($40B total at present)

  • business units - lists special crosscutting teams or practices to formulate strategies and set priorities

  • market map - universe of possible climate-focused insurance offerings, and other means of responding to climate risks

  • market uptake - Available stats on market penetration, numbers of customers, and other measures of uptake

Market Opportunities - opportunities that are particularly fertile for development of new insurance products and services

Resources - links to other green-insurance resources

• • downloads - news releases, articles, reports

DIFFERENCES FROM OTHER ANALYSES

• • Other analyses: DJSI, ClimateWise reviews, UNEP-FI reviews, CDP, CSR reports

  • GIDS: draws from all of these (and many, many other sources) and puts information into a far more concise and accessible format

  • No other assessment:

    • • provides a global, industry-wide view or aggregate results

      • provides tabular reports of activity and highlights gaps

      • presents quantitative trends

      • provides primary references to underlying data (often with URL)

      • covers non-insurance entities, e.g. regulators, insurance organizations, and NGOs

      • provides continuous updates (both to the data tables and via news emails)

  • The Green Insurance Data Service:

    • • includes the most insurers and reinsurers: 514

      • includes the most countries: 50

      • includes the most measures: 1533

      • is the longest running assessment: since 1996

      • is the most comprehensive assessment

      • is least time-consuming to access (sortable data tables)

DATABASE SNIPPET

TREND ANALYSIS