Earth Day: An annual call to action for the insurance industry
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.
As the insurance industry continues to wrestle with record-breaking catastrophe loss years and worsening risk conditions, a new report examines how climate change may affect hurricane risk in the U.S. through 2050.
Produced by AIR Worldwide in collaboration with experts from the Brookings Institution and AXIS Capital Holdings Limited, “Quantifying the Impact from Climate Change on U.S. Hurricane Risk“ explores how climate change may influence risks specifically related to financial losses to residential and commercial properties.
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