Climate risk analysis for insurance companies

Strengthen total balance sheet resilience to systemic climate-related risks

Understand the interdependencies between assets and liabilities, shifts in new business dynamics and meet increased reporting and disclosure obligations arising from the net-zero transition, physical risks, and uncertainty in market responses with top-down climate scenario analysis.

ClimateMAPS, developed in partnership with Cambridge Econometrics, offers a holistic approach to optimizing an insurance company’s business performance and combining and integrating results from climate risk analysis and traditional investment risk analysis.

Identify climate risks. Illuminate climate opportunities

How does ClimateMAPS support insurance companies?

By utilizing our Ortec Finance Climate Scenarios, developed with our proprietary climate scenario modeling framework, insurers can:

Assess current risk exposure and identify opportunities by simulating real-time portfolios under a range of climate narratives
Quantify climate change impacts across all asset classes and macroeconomic variables to inform strategic asset allocation
Conduct rigorous scenario planning and stress tests that incorporate realistic assessments of climate transition, physical, and market-pricing risks
Gain a deeper qualitative understanding of scenario outcomes and trends
Comply with Solvency II, ORSA and TCFD & ISSB-related risk reporting and disclosure obligations
Evaluate the impact of climate change on new business behavior and preferences across different plausible scenarios

How can insurance companies benefit from our ClimateMAPS climate scenario analysis solution?

Ability to integrate climate risk analysis results with traditional risk return analysis outcomes via our economic scenario solution

Generates extensive insights and detailed narratives covering short and longer-term investment horizons

integrated with SAA exercises
Can be utilized on a standalone basis and/or integrated with SAA & ALM exercises

Compare scenarios and detailed results across economies, asset classes and sectors worldwide

Option to incorporate client-specific views and assumptions

Fully integrated with our GLASS for insurance companies modeling platform

Benchmarking climate risk exposure for a range of optimized portfolios

Translating the cost of climate change for insurance companies

Our Climate Scenarios & Sustainability team undertake an annual analysis to translate the financial consequences of climate change for the European insurance industry using the latest release of our Ortec Finance Climate Scenarios.

Download report

global climate report-mockup

Breaking down the Bank of England Prudential Regulation Authority’s guidance on the management of climate-related risks for UK insurers

In December 2025, the Bank of England Prudential Regulation Authority published Supervisory Statement 5/25, highlighting its concerns about the systemic risks that climate-related factors pose to banks and insurers.

Learn more about this guidance means for UK insurer’s investment, risk, and sustainability teams.

Read the blog

Want to learn more about ClimateMAPS?

Visit our Climate Scenarios & Sustainability to learn about the features of ClimateMAPS and how it can support insurance companies to prepare their portfolio for the impacts of climate change.

Climate Scenarios & Sustainability