Description

A focused course, tailored for you

NAIC Climate-Risk Survey Programme Build for Insurance Carriers

Build the NAIC Climate-Risk Survey programme from scratch in 8 weeks. Plus SEC climate disclosure overlay and TCFD alignment.

The NAIC Climate-Risk Disclosure Survey is now mandatory in 16 states covering 80%+ of US direct written premium. SEC climate-disclosure rules add federal layer for public carriers. Insurance carriers that have not built the climate-risk programme are in regulatory backlog. Here's the 8-week build.

$199 one-time

Tailored to your situation. Access within 24 hours. 30-day money-back.

Includes a hand-built implementation playbook delivered alongside course access, generated for your specific situation.

Why this course

Climate-risk disclosure for insurance carriers became enforceable through the NAIC Climate-Risk Disclosure Survey, now adopted by 16 state DOIs covering CA, CT, DE, IL, MD, MA, MN, NM, NY, OR, PA, RI, VT, WA, NH, DC. This represents 80%+ of US direct written premium. The survey requires carriers to respond on governance, strategy, risk management, and metrics-and-targets aligned to TCFD recommendations.

In parallel, the SEC climate-disclosure rule (final March 2024, paused but expected to resume) requires public carriers to disclose climate-related financial information in 10-K filings. The EU CSRD also captures US carriers with EU subsidiaries.

Insurance carriers face triple-stack climate-disclosure requirements: state-by-state NAIC survey, federal SEC disclosure, and EU CSRD overlay for transatlantic exposures. The actuarial-and-underwriting function is at the centre of physical-risk and transition-risk assessment.

This course walks you through the build: TCFD-aligned governance, climate-scenario analysis methodology, physical-risk assessment for portfolio exposure, transition-risk assessment for asset-side investments, metrics-and-targets framework, and the survey-response workflow. Twelve modules, each ending with a deliverable artefact. Plus a hand-built implementation playbook with your firm's state exposure and asset-side exposure.

What you walk away with

A documented TCFD-aligned climate-governance framework.
A climate-scenario analysis methodology covering physical and transition risks.
A physical-risk assessment for your portfolio exposure (catastrophe + chronic-physical).
A transition-risk assessment for your asset-side investments.
A metrics-and-targets framework with scope 1, 2, 3 emissions and forward targets.
An 8-week build plan with weekly deliverables.

The 12 modules

Module 1. The 2026 climate-risk regulatory landscape for US insurance

Detailed walkthrough of NAIC Climate-Risk Disclosure Survey adoption state-by-state (CA, CT, DE, IL, MD, MA, MN, NM, NY, OR, PA, RI, VT, WA, NH, DC), the TCFD-aligned survey structure, SEC climate-disclosure rule (final March 2024) and litigation status, EU CSRD overlap for transatlantic carriers, and state-specific climate-stress-test requirements (e.g., CA SB 261). How the requirements interact for a multi-state US insurer.

Module 2. TCFD-aligned climate-governance framework

Build the climate-governance framework: board-level climate oversight (committee structure, frequency), management-level climate risk committee, climate-risk officer designation, climate-risk integration with ERM, and the climate-risk policy. The governance framework is the foundation of every disclosure. Three worked examples from NAIC survey responses. Deliverable: climate-governance framework document.

Module 3. Climate-scenario analysis methodology

TCFD recommends scenario analysis covering at least one 2-degree-or-lower transition scenario and one physical-risk scenario. Build the scenario-analysis methodology: scenario selection (NGFS Orderly, Disorderly, Hot House; IEA Net Zero 2050; IPCC RCP 2.6 + 8.5), time-horizon model (short-medium-long), and the integration with strategic planning. Deliverable: scenario-analysis methodology document.

Module 4. Physical-risk assessment for portfolio exposure

Insurance portfolios have direct physical-risk exposure: catastrophe risk (hurricane, wildfire, flood, severe convective storm), chronic-physical risk (sea-level rise, drought, chronic heat). Build the physical-risk assessment: catastrophe-model integration (RMS, Verisk, AIR, CoreLogic), chronic-physical risk overlay (NOAA, USGS, peer-reviewed climate models), and the portfolio-level aggregation. Deliverable: physical-risk assessment for one line of business.

Module 5. Transition-risk assessment for asset-side investments

Insurance carrier general accounts hold substantial fixed-income and equity assets exposed to transition risk. Build the transition-risk assessment: carbon-intensive sector exposure mapping, scenario-aligned valuation impact (PACTA, ACT, or in-house methodology), brown-asset stranding risk, and the climate-aligned investment policy. How to engage the CIO without overstepping. Deliverable: transition-risk assessment for fixed-income portfolio.

Module 6. Underwriting-side transition risk

Carriers face underwriting-side transition risk: insuring carbon-intensive industries that face transition (oil and gas, coal, utilities, transport, agriculture). Build the underwriting transition-risk assessment: line-of-business-level exposure, premium-at-risk model, and the underwriting-transition policy (continued capacity vs withdrawal vs engagement). The Net Zero Insurance Alliance precedent and the antitrust considerations. Deliverable: underwriting transition-risk policy.

Module 7. Metrics-and-targets framework

TCFD metrics-and-targets pillar requires scope 1, 2, and 3 GHG emissions disclosure, climate-related KPIs, and forward targets. Build the metrics framework: operational scope 1+2 (facilities, fleet), investment scope 3 (financed emissions, PCAF methodology), insurance-associated emissions (PCAF insurance-associated emissions standard), and target-setting (SBTi for FIs, NAIC-compatible). Deliverable: emissions inventory v1 and forward target.

Module 8. NAIC Climate-Risk Survey response workflow

Build the survey-response workflow: question-by-question allocation (governance to CRO office, strategy to corporate planning, risk management to ERM, metrics to sustainability), response-template design, internal-review process, legal-and-disclosure review, and the multi-year consistency check. The survey response is publicly available; quality matters. Deliverable: survey-response template and SOP.

Module 9. SEC climate-disclosure overlay

For public carriers, SEC climate-disclosure rule adds 10-K reporting requirements. Build the SEC overlay: rule-status monitoring (litigation, effective dates), 10-K item integration (climate-risk factor, MD&A, climate-related financial-statement metrics), assurance-readiness assessment, and the audit-committee engagement. How to align NAIC survey response with SEC disclosure. Deliverable: 10-K climate-disclosure roadmap.

Module 10. State-specific climate requirements

Some NAIC survey states add specific requirements: CA SB 261 climate-financial-risk report, NY Insurance Department climate guidance, WA climate-resilience requirements. Build the state-specific compliance map: which carriers in which states, requirement-by-requirement compliance, and the state-DOI engagement protocol. Deliverable: state-specific compliance map.

Module 11. Reinsurance-and-cession considerations

Climate risk reshapes reinsurance dynamics: cat-bond pricing, reinsurer climate-underwriting policies, retrocession capacity. Build the reinsurance-and-cession alignment: reinsurer climate-policy mapping, cat-bond pricing model, retrocession concentration assessment, and the reinsurance-broker engagement on climate. Deliverable: reinsurance climate alignment document. Three worked examples drawn from real implementation packages plus the conversation-script for the next sponsor meeting that lands the artefact for review.

Module 12. Your 8-week build plan

Week-by-week plan with weekly deliverables. Weeks 1-2: regulatory mapping (state exposure + SEC status + EU CSRD if applicable) and TCFD-aligned governance framework. Weeks 3-4: scenario analysis methodology + physical-risk assessment for one LOB. Weeks 5-6: transition-risk assessment for fixed-income portfolio + underwriting transition-risk policy. Weeks 7-8: metrics framework + survey-response workflow + first survey response draft. Deliverable: full programme documentation package.

How this addresses your situation

Specific modules that map to what you said you are dealing with.

Module 1 covers the regulatory landscape.

Modules 2 to 3 produce the governance framework and scenario methodology.

Modules 4 to 6 cover physical-risk, transition-risk on the asset side, and transition-risk on the underwriting side.

Modules 7 to 8 cover metrics-and-targets and the NAIC survey-response workflow.

Modules 9 to 11 cover SEC overlay, state-specific requirements, and reinsurance considerations.

Module 12 covers the 8-week build plan.

What you get with this course

The 12-module course delivered as text plus downloadable templates.
Templates for climate-governance framework, scenario analysis methodology, physical-risk assessment, transition-risk assessment, metrics-and-targets, and NAIC survey response.
A hand-built implementation playbook generated for your specific state exposure and asset-side exposure.
Three worked examples of NAIC survey responses from peer carriers.
Scripted talking points for the board climate-risk-committee conversation.

What you will have in hand by Day 1, Week 1, Month 1

Day 1: Regulatory mapping for your firm's state exposure.

Week 2: TCFD-aligned governance framework drafted.

Week 4: Physical-risk assessment for one LOB completed.

Week 6: Transition-risk assessment for fixed-income portfolio completed.

Week 8: NAIC survey response draft ready for legal review.

Before and after

Before

Your carrier has exposure in NAIC survey states. Climate-governance is informal. Scenario analysis is not run. Physical and transition risk are not formally assessed. NAIC survey responses are ad-hoc.

After

A TCFD-aligned climate programme is running. Scenario analysis is conducted. Physical and transition risks are assessed and reported. NAIC survey responses are systematic and consistent year over year.

What happens if you do not address this

NAIC survey responses are publicly available and increasingly scrutinised by analysts, ratings agencies, and regulators. Inadequate responses signal weak climate-risk management to the market.

Who it is for

For actuarial professionals, underwriting leads, risk leaders, sustainability leads, and disclosure-programme owners at insurance carriers operating in NAIC survey states.

Who this is NOT for. Carriers with no exposure to NAIC survey states. Carriers that already have a TCFD-aligned climate programme running. Pure consulting firms (this is for in-house teams).

How it arrives

Text-based course via LMS, plus downloadable templates and the hand-built implementation playbook.

Time investment. Roughly 14 hours of reading and 25 to 35 hours producing your real artefacts and running the first scenario analysis.

Why $199 is the right number

External climate consultants charge $200K-$1M for the full programme. Big4 climate-and-sustainability advisory runs $500K-$2M. $199 buys the focused playbook plus the implementation document for your specific exposure.

FAQ

Will this replace hiring a climate consultant?

Partially. It teaches you how to build the framework and run the assessments. You may still want specialist support for physical-risk catastrophe modelling integration.

What if my carrier is mutual (not SEC-registered)?

Module 9 SEC content is skip-able. The NAIC survey is the primary requirement.

Does this cover the Net Zero Insurance Alliance antitrust considerations?

Module 6 walks through the NZIA precedent and the antitrust-safe engagement model.

What about Lloyd's of London climate requirements?

Module 11 covers Lloyd's syndicate climate requirements as adjacent framework.

What is in the implementation playbook for me specifically?

A regulatory map for your firm's exact state exposure; a physical-risk-assessment template tailored to your portfolio; an 8-week build plan.

30-day money-back guarantee. If after a week of working through the materials this is not what you needed, reply to the receipt email and a full refund is processed. No questions, no forms.

Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.