Climate Risk Disclosure Survey
Author: National Association of Insurance Commissioners (NAIC)
Tags: California Department of Insurance (CDI), National Association of Insurance Commissioners (NAIC), United States - California State, USA
The Insurer Climate Risk Disclosure Survey, adopted by the NAIC in 2010, was designed to be an insurer reporting mechanism that would provide regulators with a window into how insurers’ across all lines of insurance assess and manage risks related to climate change. The eight-question survey asks insurers to provide a description of how they incorporate climate risks into their mitigation, risk-management and investment plans. Insurers are asked to identify steps taken to engage key constituencies and policyholders on the topic of climate change. The Survey results are maintained on the California Department of Insurance’s website.