KomPass: Area of action climate impact from 11.01.2022 | Last changed: 08.01.2026
Climate impacts: Field of action finance and insurance sector
… natural hazards such as flooding or heavy rain, however, it is only 43 percent for building insurance and only 24 percent for household insurance. Yet the demand for … has risen significantly in recent years. In 2002, the share of residential buildings with such policies was only 19 percent. Surveys show, however, that risk … is considered to be largely manageable for insurance companies. Thanks to a well-functioning reinsurance market, the insurance industry can cope well with the …