Ceres: Insurer climate risk disclosure survey report and scorecard

This report evaluates and benchmarks the quality and comprehensiveness of climate risk disclosures by insurance companies in response to the National Association of Insurance Commissioners (NAIC) Climate Risk Disclosure Survey. In 2014, insurance regulators in six states—California, Connecticut, Minnesota, New Mexico, New York and Washington— required insurers writing in excess of $100 million in premiums to fill out the survey. This report analyzes responses by 148 insurance companies, collectively representing about 71 percent of the U.S. insurance market in terms of 2014 direct premiums written. A total of 375 insurance companies submitted Climate Risk Disclosure Surveys.