Brussels – At the Regional Roundtable on Sustainable Finance Europe, the UNEP Principles for Sustainable Insurance (PSI) Working Group for Nature has launched “Breaking Ground: Getting practical with nature-related assessments for insurers,” the second report in the “Nature Uncovered for Insurers“ series.

Building on the first report, “Rooted in Risk: Framing nature-related assessments for insurers“, this new publication moves from framework to practice—providing early, practice-oriented insights on how insurers can begin undertaking nature-related dependency, impact, risk and opportunity (DIRO) assessments.

Drawing on experiences from PSI members and partners worldwide, Breaking Ground outlines practical considerations, use cases and examples of how insurers can apply the Taskforce on Nature-related Financial Disclosures (TNFD) LEAP approach to their underwriting portfolios. The report supports insurers in moving from framework to practice—translating conceptual understanding into actionable assessments that can inform corporate disclosures and strengthen strategic responses aligned with a nature-positive and resilient future.

The Nature Uncovered for Insurers series, developed by the PSI Working Group for Nature (PSI WGN), addresses a critical gap in guidance on nature-related assessments tailored specifically for insurance underwriting portfolios. While nature-related approaches have advanced across the financial sector, dedicated methods for underwriting remain limited. This series provides insurers with the technical foundations and practical tools to understand, assess and integrate nature-related issues into underwriting and risk management frameworks. 

Breaking Ground offers guidance for insurers at different stages of their “nature journey”—from those beginning to explore exposures to those embedding nature considerations into strategic decision-making and disclosure.

Together, Rooted in Risk and Breaking Ground represent a growing body of practice-based guidance to help the global insurance industry strengthen its role in building a nature-positive and resilient future.