Climate Change

8 Questions for Delos Insurance CEO Kevin Stein

“We leveraged our wildfire science and aerospace engineering expertise to develop a suite of wildfire models that includes a novel geospatial AI algorithm.”

How Inflation, Supply Chain, Energy Costs and Property Valuations Amplify Hurricane Risk

Stay Green. Know Your Next Steps Under the SEC Climate Disclosure Rules

So, How Insurable Is Flood Risk?

Don’t Worry, Newly Proposed SEC Climate Change Rules Could Boost Your ERM Strategy. Here’s How
and

Recently in Climate Change

Swiss Re’s Mohit Pande Reflects on 2020’s Record-Setting Hurricane Season and Why This Risk Could Get Even More Costly

Mohit Pande says consideration of short-term climate signals could yield more accurate frequency projections.

What’s a Gigafire? And How Could It Impact My Business?

The frightening superlative given to fires that reach one million acres burned could become part of the risk lexicon as wildfires get larger.

Opinion | With Climate Change Still Our Biggest Threat, Why Inaction from U.S. Insurers Is Increasingly Indefensible

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.

California’s Green Insurance Products: What They Mean, What They Can Do

On July 14th, California Insurance Commissioner Ricardo Lara launched the first database of more than 400 eco-friendly insurance products.

The Very Real Dangers of Coastal Living — And Why Businesses Just Don’t Seem to Care

Property exposures increase along the coast even as insurers become wary of taking on coastal risk.

Just How Much of a Role Can Technology Play in Bridging the Flood Insurance Coverage Gap?

Existing flood maps consistently underestimate exposure, but the industry is determined to build better models.

4 Reasons Pollution Claims Are Rising in Frequency and Severity

Here are the lesser-known elements driving environmental losses, and why we shouldn’t expect this trend to slow down any time soon. 

Water Rising: The Threat to Construction Is Real; the Solution Is All Around Us

Construction has successfully been able to reduce the number and impact of fire incidents. Now’s the time to focus on flood risk and do the same.

Natural Infrastructure Helps Prevent Natural Catastrophe Damage. Here’s 3 Ways Insurers Can Take Advantage

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.

Add a Hurricane to a Pandemic and the Risk Management Considerations Get Very Complicated

The impending hurricane season is expected to be very active. Risk managers already busy fighting COVID-19 will have to redouble their efforts.

FM Global’s Annual Resilience Index Ranks Economic and Supply Chain Strength

This year’s index gives CFO’s a glimpse into their position for recovery post-pandemic.

COVID-19 Is a Global Battle. But Climate Change Is Still the World’s War, According to Swiss Re

Swiss Re’s report looks at insured and uninsured economic losses caused by disaster events in 2019.

Big Data, Climate Change and the Talent Gap: The Biggest Risks We Need to Prepare for Now

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.

6 Commonsense Ways to Quantify and Mitigate Flood Risk

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.

Carbon Taxes Are Coming: Here’s How Finance Can Avoid $1 Trillion in Losses

A new report by consultants at Oliver Wyman shows that the world’s financial sector stands to lose $1 trillion if governments adopt a carbon tax. 

Here’s the Colossal Cost of Climate Change for Carriers and Insureds

As the effects of climate change increase in severity, world financial leaders debate over just how much the crisis is affecting the global economy.

What Do Wildfires, Water Scarcity and Trump Have in Common? They All Impact Business Travel Risk

The two most important causes of travel risks in the year ahead? The impact of climate change and potential final year of the Trump administration.

America’s Dams Need $70 Billion in Repairs. Is That Too Much to Ask for Public Safety and Business Continuity?

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. 

What Keeps Brokers Up at Night? Climate Change and Driverless Cars, For Starters

A new report from Argo surveyed brokers on the top risks the industry will be facing as we head into 2020. 

Attribution Science Is Empowering Lawyers to Turn Climate Change into the Next Asbestos Liability

If it can be determined that individual companies are responsible for climate change, investors and insurers might want to brace themselves for massive payouts.