How the insurance industry can take the lead in climate resilience
Insurers are poised to become key players in mitigating the risks of a rapidly changing environment.
By Graham Gordon |
January 16, 2025 at 10:30 AM
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As the consequences of climate change only seem to be getting worse – summer brought generational floods to Europe while hurricanes hammered the U.S., and the Southern Hemisphere’s winter typhoon season is off to an intense start – meeting the challenges of global warming becomes even more urgent.
As the weather evolves drastically, so too must the role of insurers to promote resilience, consumer education, and broader economic and infrastructural sustainability amidst increasing risks. Historically, insurers have acted as mere safety nets. Now, they are poised to become key players in mitigating the risks of a rapidly changing environment.
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