Deadline: 1 July, 2018

The Allianz Climate Risk Research Award supports scientific research that improves our understanding of climate change-related risks. The 2018 Award focuses on the topic “Climate risk: real-time information and new technologies.”

The Award is intended to support researchers whose research focuses on:

  • Reducing the risk of extreme weather events that are intensified by climate change
  • Fostering resilience by applying technological solutions

PhD students who are in the final stage of their research and postdoctoral researchers who have recently finished their research, are invited to apply. We welcome individual applications from the fields of natural sciences as well as economic and social sciences.

Four finalists will receive a monetary award and will be  invited to an Award ceremony at Allianz Headquarters in Munich in November 2018 to present their findings and take part in an interactive discussion with renown experts from both industry and academia.

In addition, Allianz will publish the ten best essays submitted as part of the application in a compendium.

What we are looking for

We are looking for research projects that work-on or build the basis for innovative solutions such as:

  • Using social media or drones to deliver information on the extent and impact of flood or hail events
  • Improving predicting capabilities for flash floods and heavy precipitation events
  • Assessing the risks of droughts through satellite monitoring technology
  • Understanding how new technologies can change early warning systems and their effectiveness for society
  • Understanding decision-making processes around climate adaptation and resilience on the household, local and international level


  • Call for papers: 16 April 2018
  • Deadline for submission: 1 July 2018
  • Four finalists announced: 17 September, 2018
  • Award event in Munich: 12 November, 2018

Selection criteria

  • Innovation: Research project is focused on a compelling approach for assessing risks of natural catastrophes and on how new technologies can help mitigate these risks and foster resilient societies
  • Impact: Research project can make a difference on the current insurance practice and/or advance current practices around societal resilience
  • Applicability: Research project addresses a relevant problem and is ideally connected to a practical solution
  • Academic excellence: Sound research approach and methodology

Selection process

  • Assessment by Jury and selection of finalists until 17 September 2018
  • The Jury will announce the four finalists and award the certificates and prize money at the Award event in Munich

Submission requirements

  • University students currently pursuing either a PhD degree or a post-doc, as well as, recent PhD graduates or recent post-doc graduates. (Graduation/defense of final research to obtain title should not be no more than two years before the time of the application)
  • Research applicable to focus and topic of Award
  • Supporting documents consist of:
  • We welcome the four finalists to travel to Munich-Germany for the Award’s event. Allianz Re will cover all travel costs (please refer to FAQ)
  • Eagerness to be part of internal and external communication around the Award (e.g. interviews)


For 2018 event, the four finalists will receive:

  • Monetary award:

EUR 7.000 First finalist

EUR 5.000 Second finalist

EUR 3.000 Third finalist

EUR 2.000 Fourth finalist

  • Invitation for a one-day Award event in Munich with all costs covered
  • Exposure of the finalists’ research projects on the website
  • Exclusive insights into the insurance industry’s work on climate change and extreme weather events
  • Participation in a discussion round with the Award’s jury, experts and other guests from Allianz Group and academia.

For more information,

Visit the official website of the Allianz Climate Risk Research Award