Environmental sustainability and natural catastrophes

Italy is among the European countries most exposed to the risk of natural disasters. This is a consequence of both the geo-morphological structure and the effects of the earth's rising temperature and climate change.

Risks arising from natural disasters and climate change and environmental sustainability make the insurance business more complex and require rethinking investment policies, adjustments in governance and risk management, and clearer and more adequate disclosure to customers.

For IVASS, proper oversight of these issues is a key factor for the stability of insurance companies and consumer protection.

IVASS participates in working tables dedicated to sustainability in national and international arenas.

Last update

19 June 2024

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HIGHLIGHTS

  1. 2024 Report Risks from natural catastrophes and sustainability: annual monitoring The report describes the main results of the first survey on the risks of natural catastrophes and of sustainability carried out on the italian insurers
  2. Survey on policies covering natural catastrophes

for more details

  1. Climate risk and financial stability
  2. Supervision for the Sustainability and Financial Stability of the Insurance Sector
  3. Natural catastrophe risks and insurance protection gap
  4. Cooperation for Sustainability
  5. Analysis and Contributions on Sustainability in the Insurance Sector