Shaping a more balanced world
Climate change is causing an imbalance. In many parts of the world, natural catastrophes are hitting harder and more frequently than ever, impacting countless people – including those least able to recover.
Climate Check Podcast
Natural catastrophes are more frequent and intense in many regions of the world. Therefore, in order to manage those unavoidable impacts of climate change, we need solutions to protect people and communities, institutions and investors by mitigating the risks.
At Munich Re, we are pushing the boundaries of insurability to help the world advance with confidence. We provide performance warranties for low carbon technologies to encourage their development and adoption, utilize parametric solutions to bridge coverage gaps and accelerate benefits for those who can’t wait for the traditional claims process, and develop policies to increase access to recovery by underserved communities.
Through our support of nature-based risk mitigation solutions, we encourage the protection of ecosystems that help alleviate the effects of extreme weather events.
For over a decade, Munich Re has been tackling climate change, enabling business and facilitating finance by de-risking long-term investment and insuring green technologies’ performance.
As part of our Global Ambition 2025, Munich Re will make reductions in the carbon emissions of our assets and our insurance business, pulling out of coal and reaching net-zero emissions for oil and gas upstream. In addition, we will do our part to enable climate-friendly technologies and support a future in line with the Paris Climate Agreement.
We are members of the Net-Zero Asset Owner Alliance and support the founding of a Net-Zero Insurance Alliance. We prioritize ESG criteria in our US$250 billion investment portfolio, which is managed by MEAG, our core asset manager. We also share this ESG expertise with external clients: institutional investors can benefit from the same sustainable asset management we access through MEAG.
Selected climate commitments over time
We are deeply convinced that the goals of the Paris Climate Agreements have to be achieved for ecological, social, economic, and humanitarian reasons.
Since the 1970s, Munich Re has charted the trajectory of extreme weather events, garnering a singular reputation for expertise in the impact of climate change on natural catastrophes.
By sharing insights and analysis, based on data, with corporations, financial institutions, and investors, we inform and advise the world’s stakeholders. But it all starts with our experts.
Selected climate expertise
We have been advising our clients on the adverse effects of global warming since the 70s. We have a wealth of experience with respect to loss data from natural catastrophes worldwide and experts on the ground who translate the latest climate science into risk management practices.