Sensors collecting hyper-localized data on dozens of environmental factors are helping to build a better understanding of exposure to extreme weather events, and giving insureds more opportunities to predict and prevent losses.
Global business leaders downplay climate risks despite mounting environmental disasters and supply chain disruptions worldwide, a Beazley survey finds.
Timberland is a generational asset. While an individual owner might only harvest timber once or twice in their lifetime, their stewardship impacts the forest for future generations.
Effective risk management requires anticipating threats before they materialize. A recent report highlights climate change, cyber threats, and AI as key concerns shaping global risk landscapes and preparedness strategies for the future.
Global catastrophe losses hit $417 billion in 2024, with climate change driving unprecedented weather events and insurance claims, according to Gallagher Re’s latest report.
As insurers grapple with severe weather and emerging risks, advanced location intelligence offers solutions for the P&C industry, according to Nearmap.
Flood adaptation measures are gaining focus among governments and insurers as research finds the benefit of investing in adaption outweighs cost of rebuilding after a disaster, reports Swiss Re.
AI and machine learning models gain traction in climate risk assessment, but the insurance industry remains divided on accuracy, a survey by ZestyAI finds.