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Scientists have built consensus around the probability that more powerful floods, fires, droughts and storms will occur with higher frequency as the Earth gets hotter.

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IAIS calls on insurers to intensify climate risk scrutiny

The group aims to raise awareness for insurers of the challenges presented by climate change and how to respond.

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Climate change risk According to a new paper, physical, transition and liability risks as well as figures on extreme weather events point to a growing trend of damages, both for insured and uninsured goods. (Image: Shutterstock)

This story is reprinted with permission from FC&S Legal, the industry’s only comprehensive digital resource designed for insurance coverage law professionals. Visit the website to subscribe.

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