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.
Even for those of us who have been in the risk management sector for a while, I think COVID-19 represents our first experience with a rapidly growing exponential harm.
Going back to the first months of 2020, the advancing pandemic saw numbers of those infected and dying doubling, unremittingly, every three or four days. Projecting out a month or two, it was feared that without any intervention, fatalities were set to rise into the hundreds of thousands.
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