How climate change is impacting hurricane risk

The past year turned out to be the most active hurricane season on record, with 30 named storms, of which six were Category 3 or higher. 2020 was the fifth consecutive year with an above-normal hurricane season. (Credit: National Oceanic and Atmospheric Administration)

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.