Home

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.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Climate change disaster risk A hog farm surrounded by floodwater is seen in this aerial photograph taken above Willard, North Carolina, on Friday, Sept. 21, 2018. Record floods covered much of eastern North Carolina in the wake of Hurricane Florence. (Photo: Alex Wroblewski/Bloomberg)

Hurricanes Harvey, Maria and Irma, the earthquakes in Mexico, the typhoon in Bangladesh and massive flooding in India kept natural disasters in the news throughout 2017 and caused damages, deaths and record losses to the insurance industry. While 2018 started off more quietly, hurricanes and wildfires in the second half of the year caused devastating damage.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.