Report: Insurance sector failing to address 'vast and understated' nature risk

Michael Holder
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

ClimateWise group sets out roadmap for insurers and reinsurers to take nature into account when underwriting escalating risks

The global insurance and reinsurance sector is failing to adequately address the "vast and understated" risks it faces from the destruction of the natural world, thanks to a lack of awareness, data, and...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Ordnance Survey launches new tidelines dataset to help manage flood and erosion risk

Ordnance Survey launches new tidelines dataset to help manage flood and erosion risk

New dataset could help monitor and manage worsening coastal erosion and flood risks across the UK

clock 15 December 2025 • 3 min read
'Invisible ingredients': Toxic chemicals accused of causing $3tr a year in preventable costs

'Invisible ingredients': Toxic chemicals accused of causing $3tr a year in preventable costs

Study warns of ecological harms from toxic chemicals, as it argues reducing impacts through proven policies and technologies is feasible and cost-effective

clock 10 December 2025 • 4 min read
Insuring a net zero future: How the insurance sector can turn risk into resilience

Insuring a net zero future: How the insurance sector can turn risk into resilience

Gus Majed, CEO and founder at Paratus, argues the insurance industry must recognise its position as a critical driver of global climate action

Gus Majed, Paratus
clock 09 December 2025 • 4 min read