Category: Insurance Issues with Climate Change

Climate Change: Adapt or Bust

The past few years highlight bluntly the cost of weather-related catastrophes for the global economy and the insurance industry in particular. The industry’s response has proven that it is financially strong and well-equipped to respond to these financial shocks.

It is equally clear that, so far, the industry has not taken changing catastrophe trends seriously enough. Climate change is likely to bring us all an even more uncertain future. If we do not take action now to understand the risks and their impact, the changing climate could kill us.