Insurance companies are paying the price of climate change. How can they survive when this price keeps going up?
The insurance industry is poised to be one of the major industries most effected by climate change. How will major players, like Allstate, react to increased risk?
Property & Casualty insurers, like The Allstate Corporation, stand at the crossroads of climate change, in both insuring carbon-intensive assets and activities, and paying claims for climate change-related damages.
The frequency and severity of natural catastrophes and extreme events have radically increased, causing important economic and human losses. What can insurance companies do?
Are homeowners insurers willing and able to underwrite climate change risk, or will individuals bear this risk alone?
Munich RE needs to react to climate change's impact on rising ocean levels and the increased damaged caused by flooding.
It is more imperative than ever for insurance companies to both underwrite the impact of climate change on future claims as well as consider innovative solutions that can capitalize on these new potential opportunities.
Curious to see how climate change affects business of insurers and re-insurers? The post discusses what steps have been taken by a company, which began warning the world (as early as 1973) against disastrous effects of human activity on environment.
IN ASSESSING AVIVA'S RESPONSE TO CLIMATE CHANGE, I WAS SURPRISED TO LEARN THAT THE COMPANY'S (AND THE OVERALL INDUSTRY'S) RESPONSE HAS BEEN TO CONDUCT BUSINESS-AS-USUAL. MY POST ADDRESSES SOME OF THE WAYS AVIVA CAN ADDRESS INSURANCE PROFITABLY WHILE REMAINING A CHAMPION OF CLIMATE CHANGE.
In this post, I analyze how Allstate is relevant and influential in the climate change debate.