Technology and weather science have evolved to help warn of approaching events, giving advanced notice to people to alter course and relocate to safety.
While we've all been talking about rising sea levels and coastal erosion for years, a recent video cut through all the theoretical considerations and made the issue real.
With two-thirds of consumers reporting they base buying decisions on brand values, an increased focus on sustainability presents a huge opportunity for insurers.
We often think about climate change in the long term. It's easy to forget that we already live with the consequences of unchecked climate change today.
Insurers can create a better narrative for investors if they, like Musk, play offense, not just defense, on moving toward net-zero emissions of greenhouse gases.
Clients, brokers, insurers and investors have woken up to the possibilities of simpler, faster catastrophe insurance, and they are already experiencing the benefits.
New political risk insurance losses in Ukraine due to Russia's invasion will likely be material but well within the ability of private carriers to perform on their obligations.