Data sharing for analytical research focusing on enhancing adaptation to climate change
12/18/2023
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The EU taxonomy underpins that the financial sector is playing a key role in the climate transformation, as both investor and risk carrier. In that context it is also acknowledged that the insurance industry is in a leading position to contribute to climate change adaptation with its historic climate catastrophe loss data. For years Munich Re has been supporting the GDV data service for the natural catastrophe report. This report provides insights into natural catastrophe losses based on German insurers’ data and makes it available to all interested parties (please refer to gdv.de). Munich Re is moreover dedicated to support analytical research focusing on enhancing adaptation to climate change by the society in a region, country or internationally and to share relevant loss data requested for that purpose with public authorities, free of charge, in consideration of applicable laws and regulations. For requests covered by the Commission Delegated Regulation (EU) 2021/2139 supplementing Regulation (EU) 2020/852, Annex II, 10.1. Non-life insurance: underwriting of climate-related perils, 4. Data sharing; 10.2. Reinsurance, 4. Data sharing please contact EUTaxonomy-DataSharing-(Pool)
