Parametric insurance offers faster payouts that can be used to cover losses associated with catastrophic and seasonal weather events (such as Hurricane Ian, seen here), making it a valuable tool for businesses and economically-challenged communities to build financial climate resilience. (bilanol/Adobe Stock) Parametric insurance offers faster payouts that can be used to cover losses associated with catastrophic and seasonal weather events (such as Hurricane Ian, seen here), making it a valuable tool for businesses and economically-challenged communities to build financial climate resilience. (bilanol/Adobe Stock)

Climate change is no longer a distant threat but a tangible reality affecting communities and businesses worldwide.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.