NAIC Climate Risk Disclosure Survey Results

Instructions 2

We surveyed approximately 1,000 insurers and received a 100% response rate in California.
Year over Year insurer submissions increased 8.2% from 1,162 in 2017 to 1,257 in 2018.
Roughly two-thirds of insurers surveyed say they have a climate change policy with respect to risk management and investment management.
60% of insurers surveyed stated they are taking action to manage risks climate change poses to their business.
Approximately one-third of insurers surveyed state they have not considered the impact of climate change on its investment portfolio.

To contact Climate Risk Administration, please email climaterisksurvey@insurance.ca.gov