Corporations must begin to use data-driven weather risk solutions to guard revenues against volatile climate, Allianz says.
"Climate is what we expect. Weather is what we get," says Dan Tomlison, managing director of Allianz Risk Transfer (ART), in a report about climate and the economy. "What we are striving to do here is make what we expect much closer to what we get."
Weather variations cost the U.S. economy as much as $534 billion a year, reports Allianz Risk Transfer (ART), and impacts nearly 70% of companies.
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