Market Insights

Intensifying weather events are driving higher losses for insurers
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.
My mother raised me with the notion that it’s better to be safe than sorry. While the insurance industry may live by that risk management credo, it doesn’t appear to be the prevailing attitude among millions of policyholders when it comes to protecting properties against hurricanes, floods and wildfires.
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