European Insurance and Occupational Pensions…: EIOPA identifies extreme heat as key climate risk for insurers
The European Insurance and Occupational Pensions Authority (EIOPA) published a report on 2026-09-30 highlighting extreme heat as the leading climate-related liability risk for life and health insurers and pension providers. The report outlines how increasing heatwaves and related health impacts could affect mortality, morbidity, and longevity assumptions critical to insurance and pension business models. EIOPA developed a risk-scoring framework to estimate these impacts and encourages insurers to integrate these emerging risks into their climate risk assessments.
European Insurance and Occupational Pensions Authority
Date Added
17 October 2026 at 23:11:23
Why it matters
This report signals the need for insurers and pension providers to enhance their climate risk management practices by incorporating extreme heat-related health risks, which are expected to grow in materiality. Compliance with evolving regulatory expectations on climate risk disclosure and assessment will be essential for these sectors.
Cite this case: EcoAppraise (2026) 'European Insurance and Occupational Pensions…: EIOPA identifies extreme heat as key climate risk for insurers', Global Enforcement & Advisory Registry. Available at: https://www.ecoappraise.com/cases/european-insurance-and-occupational-pensions…-eiopa-identifies-extreme-heat-as-key-climate-risk-for-insurers (Accessed: 19 October 2026). Original source: European Insurance and Occupational Pensions Authority, 30 September 2026.
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