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Instant Insights / The impact of climate change on P&C insurance

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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How climate change cheats businesses, insurers

Companies concerned with pressing challenges may not be accurately disclosing to investors the risks they face due to climate change.

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The number of companies that voluntarily disclose their estimates of climate-linked risks has risen markedly over the past 15 years. (Photo: Bloomberg)

(Bloomberg Opinion) — As the effects of climate change unfold, its impact on business will grow more severe: altered rain patterns will affect agriculture, floods will disrupt supply lines, heat waves will prevent employees from working.

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