Insurers pay when wildfires rage and hurricanes thunder in from our oceans. The drive is on for the industry to reduce its support for the fossil fuel use that contributes to climate change.
A recent report from the Natural Wildlife Federation and Allied World takes a look at how natural features can be used to reduce the amount of damage caused by Nat CATs.
With the ever-evolving risk landscape, risk professionals have to stay on top of today’s biggest drivers of change to combat tomorrow’s business roadblocks.
The financial pressure on risk managers and businesses to address flooding risk in the wake of climate change is mounting. Here are a few ways to start.
1,680 of the nation’s high-hazard dams are in risky condition. When they break they endanger people, interrupt businesses and cause massive property damage.
If it can be determined that individual companies are responsible for climate change, investors and insurers might want to brace themselves for massive payouts.