Finance and insurance
Climate, floods, droughts
Why has climate risk become a strategic issue for the finance and insurance sector?
In 2022, mainland France experienced a drought of historic proportions, with an estimated cost to the insurance industry of €2.9 billion. And that’s just one example. Extreme weather events – floods, droughts, heatwaves – are becoming more frequent, more intense and increasingly costly.
Against this backdrop, traditional risk pooling models are reaching their limits. It is becoming urgent for insurers, banks and investors to understand, locate and anticipate physical and transitional climate risks at the scale of assets and territories.
The Haut Conseil pour le Climat, the European taxonomy, the CSRD directive and the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures) underline the urgent need to integrate these risks into economic and financial models. Today, integrating reliable, localised and usable climate data is no longer a competitive advantage: it is a strategic requirement for economic resilience and regulatory compliance.
Climate risk scores for your assets, portfolios and territories
Our solution offers a tailor-made assessment of climate risks, with precise risk scores enabling you to quantify the financial impact of climate hazards on a financial asset and define resilient action plans in the face of climate change.
Our advanced M3Es technology, which has been awarded the DeepTech label, enables a detailed assessment of climatic hazards (drought, flooding, heatwaves, flooding, etc.) at high spatial resolution.
Our data is used to :
- Quantify physical climate risks at asset or portfolio level
- Identify areas exposed to water-related hazards (flooding, drought, run-off)
- Assessing the financial costs associated with climate change
- Produce indicators in line with the CSRD, SFDR, TCFD
- Define plans for adaptation, transition and insurance cover
Incorporating climate data into your strategic decisions
Our solutions for the finance and insurance sector are aimed at :
- Insurers: pricing, claims management, CATNAT modelling
- Banks: climate stress tests, credit rating, portfolio valuation
- Investors: regulatory reporting, selection of resilient assets, ESG strategy
With a spatial resolution of up to 30 metres, climate projections up to 2100, and more than 200 indicators linked to the water cycle, we offer you a clear, actionable and forward-looking view of physical climate risks.
Turn climate data into a strategic decision-making tool
Anticipate impacts. Reduce losses. Strengthen your resilience.
Our high-precision climate data gives you the keys to taking action upstream, before a hazard becomes a disaster or asset loss.
Contact us for a demonstration or a pilot analysis.