- Publication date
- 20 May 2022
Building on its ambitious agenda for sustainable finance, and in particular on the sensitivity analysis of asset-side transition risks published in 2020, EIOPA launched a follow-up exercise on physical risks in the second half of 2021. This discussion paper presents the first results of this exercise which included a large data collection from industry focused on property, content and business interruption insurance against windstorm, wildfire, river flood and coastal flood risks.
The report focuses on assessing the materiality of the insurance sector exposure to physical climate change risk under a financial stability perspective.