Resilience & Sustainability

As climate risks intensify, insurers must evolve from damage compensation to prevention or face industry-wide collapse.

A study finds that U.S. homes will lose $1.47 trillion of value by 2055 because of climate change. Therein lies a major challenge — and opportunity. 

While many more than 20 key issues matter for risk managers, climate change, mental health, and aging infrastructure are among those that stand out.

As natural disasters intensify, behavioral science offers insurers new ways to help consumers secure adequate coverage.

Cyber incidents remain the top global business risk, and climate change surges to its highest-ever ranking in the Allianz Risk Barometer.

In theory, increasing insurance premiums signals rising risk and spurs action that mitigates disasters like California's fires. In practice, climate is changing too fast, and government is being too slow.

Property insurers must evolve beyond reactive coverage to build climate resilience as extreme weather events intensify. Property assessments are key.

Expect even more AI than you saw in 2024, powering search engines; agentic AI; smaller, more precise generative AI models; robotaxis and robots. And that's just for openers.