EIOPA Staff paper on nature-related risks and impacts for insurance

Protecting nature’s biodiversity and ecosystems has in recent years emerged as an important aspect in the fight against climate change. The failure to account for, mitigate and adapt to the consequences of nature loss can have economic implications that may put overall financial stability at risk.

In this staff paper, EIOPA explores how nature-related risks can affect (re)insurers and examines ways in which the insurance sector can meaningfully contribute to the conservation and restoration of nature through investments and underwriting activity.