The 2025 Impact Report explores a decade of climate insurance strategy impact. It presents results and lessons from the InsuResilience Investment Fund and InsuResilience Investment Fund Private Equity II SCA SICAV-RAIF (together, the IIF Platform). The report examines how investment across the climate insurance value chain has helped expand financial protection for climate-vulnerable households and businesses in emerging markets.
A decade of climate insurance impact
From 2015 to the end of 2025, the IIF Platform invested approximately USD 369 million across 55 companies. Over this period, it reached more than 80 million beneficiaries with climate insurance and related risk solutions across emerging markets.
The report looks beyond the scale of this outreach. It examines what drives impact and how climate insurance works for the people it aims to protect.
Insights from end-client surveys
As part of the report, 60 Decibels conducted dedicated end-client surveys across five investees. The research included 1,107 interviews with insurance policyholders. The report presents, explores and interprets these results to provide insights into clients’ experiences of climate insurance.
Among respondents, 91% reported that they had not previously had access to climate insurance. The surveys also provide insights into the role of insurance in strengthening resilience. Among payout recipients, 92% said having insurance made them feel more prepared for future climate shocks.
The findings also highlight the importance of access, awareness and affordability. Customer understanding, trusted distribution and timely payouts can all influence whether insurance delivers meaningful value in practice.
Lessons for scaling climate insurance
The report draws on nearly a decade of investment experience to identify practical lessons for the future. It explores the role of insurers, distributors, financial intermediaries, and technology and data providers in expanding climate insurance.
Technology can reduce costs and improve underwriting, enrolment and claims processes. Existing financial, agricultural and digital channels can also help providers reach underserved customers more efficiently.
These findings on climate insurance strategy impact show both the progress achieved and the challenges that remain. As physical climate risks intensify, climate insurance can play an increasingly important role in wider climate adaptation and resilience strategies.
Explore the full 2025 Impact Report for the results, client evidence, case studies and lessons from a decade of climate insurance investing.