Climate insurance market set to double by 2030

Insurers are adapting through central hubs or establishing vertical business units.

The premium revenue for commercial climate insurance solutions is expected to more than double by 2030, growing from $28b (€24b to €25b) in 2022 to $66b (€60b), according to Bain & Company.

This growth will be driven by solutions in renewable energy, biodiversity, environmental liability, carbon offset, infrastructure, mobility, and advisory services.

Insurers are adopting various strategies to capitalise on these opportunities, such as creating lean central hubs or establishing vertical business units.

Regardless of the approach, insurers need to evaluate the market size, growth potential, profitability, competition, supply and demand, and the necessary capabilities for success in this segment.

Follow the link for more news on

Bain & Company

Climate Insurance

Also Read

Philippine life insurance sector slated for 5.4% CAGR by 2028

Property insurance industry to exceed $152b by 2028

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit