El Niño & La Niña. Direct Impact for Insurance Industry
Insurance alone cannot help protect the region from disruption caused by severe weather events brought by El Niño and La Niña
“Climate risk mitigation” focuses on strategies and efforts by insurers, businesses, and governments to minimize the impacts of climate change. This category covers topics such as risk assessment, adaptation measures, and innovative insurance products that help organizations manage exposure to climate-related risks like extreme weather events, rising sea levels, and changing environmental regulations. It explores the role of technology, data analytics, and policy developments in shaping sustainable solutions for the insurance industry.
The content in this section provides insights into how companies can reduce vulnerabilities and enhance resilience in the face of growing climate challenges, ensuring long-term stability and sustainability.
Insurance alone cannot help protect the region from disruption caused by severe weather events brought by El Niño and La Niña
In the insurance industry, understanding of the risks related to climate change is mostly concentrated in P&C business lines as well as investments
The global financial cost of natural catastrophes starting in 2024 was manageable for federal governments and the insurance industry
The insurance sector should engage with the developers of a fast-developing new technology that may be crucial to the renewable energy transition
Climate change is an overarching global threat and a source of financial risk in the Insurance Sector, according to recent report, the United Nations
Climate risk has once again been the catalyst for insurance and reinsurance market change. Major losses caused by extreme weather events in recent years
The insurance industry has had to rethink its business strategies to prepare for more ambitious decarbonization initiatives across sectors
Many insurers around the world have taken significant steps to build an organizational infrastructure addressing the multitude of challenges posed by ESG