Swiss Re: USD 80 trillion energy transition to shape global risk markets

Swiss Re Ltd / Key word(s): Research Update
Swiss Re: USD 80 trillion energy transition to shape global risk markets

05.11.2025 / 10:00 CET/CEST

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Swiss Re's latest analysis shows how the accelerating global energy transition is reshaping the risk landscape for investors and insurers. Estimates show that by 2040, total investment into energy transition, climate mitigation and adaptation is expected to surpass USD 80 trillion^[1], marking a shift from experimentation to large-scale deployment.

Jimmy Keime, Head Engineering & Nuclear at Swiss Re, says: "As the global energy transition continues to accelerate, it's drawing sustained investment into green infrastructure and technologies. Amid this changing landscape, our analysis suggests that industry players should not approach renewables as a commoditised or fully standardised risk class."

The new report, "Market perspectives: exploring the state of play in the energy transition", includes new projections from Swiss Re Institute, estimating renewable capacity to almost double from 4.4 terawatts (TW) in 2024 to 8.5 TW by 2030, generating up to USD 26 billion in annual insurance premiums^[2]. Asia-Pacific and Europe are leading this expansion, while shifting technologies and weather-driven volatility drive new observed trends in exposures and losses which, in turn, require rigorous risk analysis.

As renewable portfolios mature, we observe that insurance needs move from the construction-phase toward long-term operational resilience, supported by standalone renewable energy treaties (with facultative remaining an option for larger and less proven risks). Meanwhile, new claims trends observed in market data - including extreme-weather damage, battery-storage fires, and mechanical failures - are demanding tighter links between underwriting and real-world data.

The full report is available here.

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^[1] USD 80 trillion is the cumulated investment between 2023 and 2040. Source: Swiss Re projections based on figures from the International Energy Agency (IEA)

^[2]Source: Swiss Re Institute

For further information please contact Swiss Re Media Relations: + 41 (0)43 285 7171 or [e-mail].
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Swiss Re
The Swiss Re Group is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk - from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 70 offices globally.

Cautionary note on forward-looking statements
Certain statements and illustrations contained herein are forward-looking. These statements (including as to plans, objectives, targets, and trends) and illustrations provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical fact or current fact. Further information on forward looking statements can be found in the Legal Notice section of Swiss Re's website.

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View original content: EQS News

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Language:	English
Company:	Swiss Re Ltd
	Mythenquai 50/60
	8022 Zurich
	Switzerland
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.swissre.com
ISIN:	CH0126881561
Valor:	12688156
Listed:	SIX Swiss Exchange
EQS News ID:	2224226

End of News	EQS News Service

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2224226 05.11.2025 CET/CEST