"Climate change and ESG is one area where every function of the company needs to work together," said Adhiraj Maitra from Willis Towers Watson. (Photo: Sepp photography/Shutterstock)

As global warming contributes to more severe and frequent weather catastrophes, insurers and reinsurers will play a more prominent role in helping society mitigate climate risks and build economic resilience in the coming years. Faced with this opportunity to be global leaders fighting climate change, (re)insurers must build knowledge around the risks and strengthen their own operations.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].