AODP Global Climate Index 2018 / Insurance
This year, we have assessed the insurance sector response to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), which resulted in a report and an index of the world’s 80 largest insurers rated on their approach to climate-related risks and opportunities.
| 2018 Rating | Name | 2018 Rank | 2017 Rating | Rating Change | Country | Region | Insurance Type |
|---|---|---|---|---|---|---|---|
| AAA | AXA | 1 | AA | +1 | France | EMEA | Mixed |
| AAA | Aviva | 2 | AA | +1 | United Kingdom | EMEA | Mixed |
| AA | Allianz | 3 | BB | +3 | Germany | EMEA | Mixed |
| AA | Legal & General | 4 | D | +8 | United Kingdom | EMEA | Mixed |
| BBB | Aegon | 5 | BBB | - | Netherlands | EMEA | Life |
| BBB | CNP Assurances | 6 | CCC | +3 | France | EMEA | Life |
| BBB | Tokio Marine | 7 | D | +6 | Japan | Asia Pacific | Mixed |
| BBB | Crédit Agricole Assurances | 8 | C | +5 | France | EMEA | Mixed |
| BBB | Zurich | 8 | B | +2 | Switzerland | EMEA | Mixed |
| BB | Folksam | 10 | BBB | -1 | Sweden | EMEA | Mixed |
| BB | Generali | 11 | D | +5 | Italy | EMEA | Mixed |
| B | NN Group | 12 | D | +4 | Netherlands | EMEA | Mixed |
| B | Swiss Re | 12 | D | +4 | Switzerland | EMEA | Reinsurance |
| B | Storebrand | 14 | BBB | -2 | Norway | EMEA | Mixed |
| CCC | MAIF | 15 | D | +3 | France | EMEA | Mixed |
| CCC | ASR Nederland | 16 | C | +2 | Netherlands | EMEA | Mixed |
| CCC | Suncorp | 17 | not rated | - | Australia | Asia Pacific | Mixed |
| CCC | Nippon Life | 18 | D | +3 | Japan | Asia Pacific | Life |
| CC | Dai-ichi Life | 19 | D | +2 | Japan | Asia Pacific | Life |
| CC | MS&AD Insurance | 19 | C | +1 | Japan | Asia Pacific | Mixed |
| CC | Natixis Assurances | 21 | D | +2 | France | EMEA | Mixed |
| CC | The Hartford | 22 | CCC | -1 | USA | Americas | P&C |
| CC | Sompo Holdings | 23 | D | +2 | Japan | Asia Pacific | P&C |
| CC | Munich Re | 24 | C | +1 | Germany | EMEA | Mixed |
| C | Hannover Re | 25 | D | +1 | Germany | EMEA | Reinsurance |
| C | Manulife | 26 | CC | -1 | Canada | Americas | Life |
| C | AMP Limited | 27 | D | +1 | Australia | Asia Pacific | Life |
| C | MetLife | 28 | D | +1 | USA | Americas | Life |
| C | Travelers | 29 | D | +1 | USA | Americas | P&C |
| C | Prudential plc | 30 | D | +1 | United Kingdom | EMEA | Life |
| C | Achmea | 31 | BB | -4 | Netherlands | EMEA | Mixed |
| D | Lincoln National Corporation | 32 | D | - | USA | Americas | Life |
| D | Allstate | 33 | D | - | USA | Americas | P&C |
| D | Great-West Lifeco | 34 | C | -1 | Canada | Americas | Life |
| D | Groupama | 35 | D | - | France | EMEA | Mixed |
| D | Fubon Financial | 36 | D | - | Taiwan | Asia Pacific | Mixed |
| D | Industrial Alliance Financial Group | 37 | C | -1 | Canada | Americas | Mixed |
| D | American International Group (AIG) | 38 | not rated | - | USA | Americas | Mixed |
| D | Prudential Financial | 39 | D | - | USA | Americas | Life |
| D | Cincinnati Financial | 40 | D | - | USA | Americas | P&C |
| D | New York Life | 41 | X | +1 | USA | Americas | Life |
| D | Talanx | 41 | D | - | Germany | EMEA | Mixed |
| D | Sun Life Financial | 41 | D | - | Canada | Americas | Life |
| D | Chubb | 44 | D | - | USA | Americas | Mixed |
| D | Sampo Group | 45 | D | - | Finland | EMEA | Mixed |
| D | Nationwide Mutual Insurance Company | 46 | D | - | USA | Americas | Mixed |
| D | Progressive | 47 | X | +1 | USA | Americas | P&C |
| D | China Pacific Insurance | 48 | D | - | China | Asia Pacific | Mixed |
| D | AIA | 49 | D | - | Hong Kong | Asia Pacific | Life |
| D | Meiji Yasuda Life | 50 | D | - | Japan | Asia Pacific | Mixed |
| D | Voya Financial | 50 | D | - | USA | Americas | Life |
| D | Genworth Financial | 50 | D | - | USA | Americas | Life |
| D | PICC Group | 50 | D | - | China | Asia Pacific | Mixed |
| D | Ameriprise Financial | 50 | X | +1 | USA | Americas | Mixed |
| D | T/D Holdings | 55 | D | - | Japan | Asia Pacific | Life |
| D | Cathay Financial Holding | 56 | X | +1 | Taiwan | Asia Pacific | Mixed |
| D | Ping An Insurance | 57 | D | - | China | Asia Pacific | Mixed |
| D | Samsung Life | 57 | D | - | South Korea | Asia Pacific | Life |
| D | Markel | 57 | not rated | - | USA | Americas | Mixed |
| D | Swiss Life Group | 60 | X | +1 | Switzerland | EMEA | Life |
| D | Fairfax Financial Holdings | 60 | D | - | Canada | Americas | Mixed |
| D | Principal Financial Group | 62 | X | +1 | USA | Americas | Mixed |
| D | Northwestern Mutual | 63 | D | - | USA | Americas | Life |
| D | Arch Capital Group | 64 | X | +1 | USA | Americas | Mixed |
| D | State Farm Insurance Companies | 65 | X | +1 | USA | Americas | Mixed |
| D | Sumitomo Life | 66 | D | - | Japan | Asia Pacific | Life |
| D | CNA Financial Corporation | 66 | X | +1 | USA | Americas | Mixed |
| D | Japan Post Insurance | 68 | D | - | Japan | Asia Pacific | Life |
| D | Accident Compensation Corporation | 68 | D | - | New Zealand | Asia Pacific | P&C |
| X | Zenkyoren | 70 | X | - | Japan | Asia Pacific | Mixed |
| X | New China Life Insurance | 70 | not rated | - | China | Asia Pacific | Life |
| X | China Life Insurance Company | 70 | X | - | China | Asia Pacific | Life |
| X | Chunghwa Post | 70 | X | - | Taiwan | Asia Pacific | Life |
| X | MassMutual | 70 | X | - | USA | Americas | Life |
| X | Aflac | 70 | X | - | USA | Americas | Life |
| X | Ageas Group | 70 | X | - | Belgium | EMEA | Mixed |
| X | Pacific Life | 70 | D | -1 | USA | Americas | Mixed |
| X | Mitsui Life | 70 | X | - | Japan | Asia Pacific | Mixed |
| X | Great Eastern Holdings | 70 | not rated | - | Singapore | Asia Pacific | Mixed |
| X | NTUC Income | 70 | not rated | - | Singapore | Asia Pacific | Mixed |