GITNUXREPORT 2025

Sustainability In The Insurance Industry Statistics

Insurance industry integrates sustainability, invests billions, and reduces climate impact.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

70% of insurers report that climate risk assessments influence their underwriting processes

Statistic 2

According to a 2022 survey, 65% of insurance firms have set net-zero targets for 2030 or earlier

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60% of large insurers have integrated ESG factors into their investment decision-making

Statistic 4

The number of climate-related insurance payouts increased by 35% from 2019 to 2023

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80% of insurance companies have developed or are developing climate risk models

Statistic 6

Only 15% of insurers have fully aligned their investment portfolios with the Paris Agreement

Statistic 7

The global market for climate insurance solutions grew by 22% in 2022, reaching $115 billion in premiums

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85% of insurers have started climate scenario planning as part of their risk management processes

Statistic 9

The average increase in premiums for climate-related risks was 18% in 2022, driven by higher disaster costs

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46% of insurance companies report that climate change impacts are already affecting their profitability

Statistic 11

The global median reduction in insurance claims costs due to climate adaptation measures is estimated at 15%

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52% of insurance companies are tracking Scope 3 emissions related to their investment and underwriting activities

Statistic 13

65% of global insurers believe that long-term sustainability issues could significantly impact their license to operate

Statistic 14

28% of insurance companies have developed proprietary climate risk assessment tools

Statistic 15

63% of insurance industry executives agree that climate change will be a core factor in future business models

Statistic 16

70% of insurance companies have increased their engagement with climate policy advocacy over the past year

Statistic 17

The global market for parametric insurance solutions linked to environmental outcomes grew by 30% in 2022, reaching $45 billion in premiums

Statistic 18

59% of insurance executives believe that climate-related disclosures will be mandated by regulators worldwide within the next five years

Statistic 19

The global insurance industry’s investment in sustainable assets reached $2.8 trillion in 2023

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65% of global insurers plan to increase their investments in renewable energy projects in the next five years

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30% of insurance firms have used sustainability-linked bonds to fund green initiatives in 2023

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43% of insurers plan to increase their investments in green infrastructure projects over the next three years

Statistic 23

The total investments in climate adaptation initiatives by insurers exceeded $50 billion in 2023

Statistic 24

The issuance of green bonds by the insurance sector increased by 40% in 2022

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50% of policyholders prefer insurance providers with strong sustainability commitments

Statistic 26

The average carbon footprint reduction of insurers through green investments was 25% in 2023

Statistic 27

45% of insurers have experienced improved client retention after implementing sustainability-driven products

Statistic 28

55% of insurance executives see sustainability as a driver for innovation within the sector

Statistic 29

The adoption rate of AI-enabled sustainability solutions in insurance underwriting was 33% in 2023

Statistic 30

Firms with strong sustainability credentials have seen a 20% increase in their brand loyalty score over the past two years

Statistic 31

75% of insurance companies believe sustainability reporting will become a regulatory requirement globally by 2026

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88% of new insurance products launched between 2020 and 2023 included sustainability features

Statistic 33

Asset managers managing insurer portfolios with dedicated ESG funds saw a 10% higher return in 2023 compared to traditional funds

Statistic 34

The proportion of sustainable investments in the insurance sector’s total assets increased from 20% in 2021 to 36% in 2023

Statistic 35

81% of insurance firms see sustainability as a key factor in brand differentiation

Statistic 36

Sustainability-linked insurance premiums are projected to account for 25% of the total industry premiums by 2025

Statistic 37

48% of insurance companies have adopted digital tools to enhance transparency in sustainability reporting

Statistic 38

85% of insurance companies have integrated sustainability into their core strategies as of 2023

Statistic 39

Only 20% of insurance companies currently disclose comprehensive sustainability metrics publicly

Statistic 40

Insurers that actively incorporate sustainability factors have reported a 12% higher return on investment than their less sustainable counterparts

Statistic 41

40% of insurers incorporate biodiversity considerations into their investment and underwriting policies

Statistic 42

60% of insurers have adopted sustainability-focused training programs for their underwriters and claims adjusters

Statistic 43

The number of insurers integrating social sustainability indicators into their ESG metrics increased by 35% in 2022

Statistic 44

78% of insurance firms have set targets for reducing their own operational carbon footprint

Statistic 45

Insurers that have adopted sustainability risk disclosures have seen a 25% decrease in legal and regulatory compliance costs

Statistic 46

50% of insurers have incorporated social and community impacts into their risk assessment frameworks

Statistic 47

55% of insurers report that their sustainability initiatives have led to improved employee recruitment and retention

Statistic 48

42% of insurers participate in collaborative initiatives to improve sustainability standards across the industry

Statistic 49

35% of insurance organizations have implemented sustainability key performance indicators (KPIs) for their executive management

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Key Highlights

85% of insurance companies have integrated sustainability into their core strategies as of 2023
The global insurance industry’s investment in sustainable assets reached $2.8 trillion in 2023
70% of insurers report that climate risk assessments influence their underwriting processes
According to a 2022 survey, 65% of insurance firms have set net-zero targets for 2030 or earlier
The issuance of green bonds by the insurance sector increased by 40% in 2022
60% of large insurers have integrated ESG factors into their investment decision-making
50% of policyholders prefer insurance providers with strong sustainability commitments
The average carbon footprint reduction of insurers through green investments was 25% in 2023
Only 20% of insurance companies currently disclose comprehensive sustainability metrics publicly
45% of insurers have experienced improved client retention after implementing sustainability-driven products
The number of climate-related insurance payouts increased by 35% from 2019 to 2023
80% of insurance companies have developed or are developing climate risk models
Only 15% of insurers have fully aligned their investment portfolios with the Paris Agreement

With 85% of insurance companies embedding sustainability into their core strategies and an astonishing $2.8 trillion invested in green assets in 2023, the insurance industry is rapidly transforming into a pivotal force for climate resilience and sustainable growth.

Climate and Environmental Risk Management

70% of insurers report that climate risk assessments influence their underwriting processes
According to a 2022 survey, 65% of insurance firms have set net-zero targets for 2030 or earlier
60% of large insurers have integrated ESG factors into their investment decision-making
The number of climate-related insurance payouts increased by 35% from 2019 to 2023
80% of insurance companies have developed or are developing climate risk models
Only 15% of insurers have fully aligned their investment portfolios with the Paris Agreement
The global market for climate insurance solutions grew by 22% in 2022, reaching $115 billion in premiums
85% of insurers have started climate scenario planning as part of their risk management processes
The average increase in premiums for climate-related risks was 18% in 2022, driven by higher disaster costs
46% of insurance companies report that climate change impacts are already affecting their profitability
The global median reduction in insurance claims costs due to climate adaptation measures is estimated at 15%
52% of insurance companies are tracking Scope 3 emissions related to their investment and underwriting activities
65% of global insurers believe that long-term sustainability issues could significantly impact their license to operate
28% of insurance companies have developed proprietary climate risk assessment tools
63% of insurance industry executives agree that climate change will be a core factor in future business models
70% of insurance companies have increased their engagement with climate policy advocacy over the past year
The global market for parametric insurance solutions linked to environmental outcomes grew by 30% in 2022, reaching $45 billion in premiums
59% of insurance executives believe that climate-related disclosures will be mandated by regulators worldwide within the next five years

Climate and Environmental Risk Management Interpretation

With 70% of insurers incorporating climate risk into underwriting and a 22% surge in climate insurance premiums, it's clear that the industry is cautiously warming up to the fact that betting against the planet's future is becoming a gambit too costly to ignore.

Investment and Financial Instruments

The global insurance industry’s investment in sustainable assets reached $2.8 trillion in 2023
65% of global insurers plan to increase their investments in renewable energy projects in the next five years
30% of insurance firms have used sustainability-linked bonds to fund green initiatives in 2023
43% of insurers plan to increase their investments in green infrastructure projects over the next three years
The total investments in climate adaptation initiatives by insurers exceeded $50 billion in 2023

Investment and Financial Instruments Interpretation

With insurers directing over $2.8 trillion into sustainability, a bold 65% eyeing renewable energy growth, and more than $50 billion poured into climate adaptation, the industry is clearly not just underwriting risk but underwriting a greener, more resilient future—proof that 'insurance' may soon stand for 'investing in sustainability.'

Market Trends and Product Innovation

The issuance of green bonds by the insurance sector increased by 40% in 2022
50% of policyholders prefer insurance providers with strong sustainability commitments
The average carbon footprint reduction of insurers through green investments was 25% in 2023
45% of insurers have experienced improved client retention after implementing sustainability-driven products
55% of insurance executives see sustainability as a driver for innovation within the sector
The adoption rate of AI-enabled sustainability solutions in insurance underwriting was 33% in 2023
Firms with strong sustainability credentials have seen a 20% increase in their brand loyalty score over the past two years
75% of insurance companies believe sustainability reporting will become a regulatory requirement globally by 2026
88% of new insurance products launched between 2020 and 2023 included sustainability features
Asset managers managing insurer portfolios with dedicated ESG funds saw a 10% higher return in 2023 compared to traditional funds
The proportion of sustainable investments in the insurance sector’s total assets increased from 20% in 2021 to 36% in 2023
81% of insurance firms see sustainability as a key factor in brand differentiation
Sustainability-linked insurance premiums are projected to account for 25% of the total industry premiums by 2025

Market Trends and Product Innovation Interpretation

The insurance industry's bold pivot to sustainability—evidenced by a 40% surge in green bonds, a 25% reduction in carbon footprints, and nearly 9 out of 10 new products incorporating eco-friendly features—illustrates that integrating environmental commitments isn't just good ethics but a lucrative strategy for fostering client loyalty, driving innovation, and preparing for future regulations.

Operational and Digital Transformation

48% of insurance companies have adopted digital tools to enhance transparency in sustainability reporting

Operational and Digital Transformation Interpretation

Nearly half of insurance companies are digitizing their sustainability reports, proving that transparency is no longer just a moral choice but a data-driven policy—because in the insurance world, trust is everything.

Sustainability Adoption and Strategy

85% of insurance companies have integrated sustainability into their core strategies as of 2023
Only 20% of insurance companies currently disclose comprehensive sustainability metrics publicly
Insurers that actively incorporate sustainability factors have reported a 12% higher return on investment than their less sustainable counterparts
40% of insurers incorporate biodiversity considerations into their investment and underwriting policies
60% of insurers have adopted sustainability-focused training programs for their underwriters and claims adjusters
The number of insurers integrating social sustainability indicators into their ESG metrics increased by 35% in 2022
78% of insurance firms have set targets for reducing their own operational carbon footprint
Insurers that have adopted sustainability risk disclosures have seen a 25% decrease in legal and regulatory compliance costs
50% of insurers have incorporated social and community impacts into their risk assessment frameworks
55% of insurers report that their sustainability initiatives have led to improved employee recruitment and retention
42% of insurers participate in collaborative initiatives to improve sustainability standards across the industry
35% of insurance organizations have implemented sustainability key performance indicators (KPIs) for their executive management

Sustainability Adoption and Strategy Interpretation

With 85% of insurers embedding sustainability into their core strategies and those leading the charge reaping a 12% higher ROI, the industry is transparently stepping up its game—though only 20% publicly disclose comprehensive metrics—highlighting both progress and the room for clearer accountability in turning green commitments into measurable results.