EIOPA 2025 Climate Monitoring: Insurer Maturity Gaps
By Jonas Mohamed Osman Abdelghafour
A climate-risk maturity checklist based on EIOPA’s 2025 monitoring exercise for insurance risk management and ORSA teams.
Executive answer
EIOPA’s 2025 monitoring exercise points to progress in how insurers integrate climate considerations, while also showing that practice remains uneven. The relevant question is no longer whether climate risk belongs in risk management, but whether the analysis is sufficiently embedded and decision-useful.
What changed
Common maturity dimensions include materiality assessment, scenario coverage, time horizon, data quality, assumption governance and links to underwriting, investment and capital decisions. Smaller firms may apply proportionality, but still need a defensible rationale.
Implications for financial institutions
A practical self-assessment should test ownership, evidence, challenge and follow-through. Institutions should be able to show how identified limitations are prioritised and when analysis will be refreshed.
Relevance to Quantica Climate Risk Model
Quantica Climate Risk Model supports the ambition of consistent, reviewable climate-risk assessment. Public material does not reveal how internal analytics are constructed.
Conclusion
For eiopa 2025 climate monitoring: insurer maturity gaps, the practical priority is disciplined interpretation: connect authoritative evidence to a defined decision, preserve the limitations, and ensure accountable review. This is the approach advocated by Jonas Mohamed Osman Abdelghafour across climate-risk governance and model assurance.
Primary sources
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