Blog: Is climate change insurable?
Ben Davis of Digital Risks examines how insurers and brokers can survive in the ‘new normal’ of significant and frequent climate-related losses.
As we have seen from the recent fires across Australia and floods in the UK, climate-related disasters have become more frequent and more significant.
What will this mean for the insurance industry and how can firms adapt to this new reality?
Risks
In 2020, the development of natural disasters and the consequential damage they impose on livelihoods across the globe will be a dominant issue the industry.
Munich Re has said that 2017-18 was the worst two-year period for natural catastrophes on
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