Weather Risk

Insurers across all sectors are acknowledging the impact of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.

Whatever insurers may think about the presence or causes of climate change, one thing is certain: The business climate is changing rapidly.

The number of Atlantic storms with magnitude similar to killer Hurricane Katrina, which devastated the U.S. Gulf Coast in 2005, could rise sharply this century, environmental researchers reported on Monday.

The number of Atlantic storms with magnitude similar to killer Hurricane Katrina, which devastated the U.S. Gulf Coast in 2005, could rise sharply this century, environmental researchers reported on Monday.

Whatever insurers may think about the presence or causes of climate change, one thing is certain: the business climate is changing, rapidly.

Producers representing a broad spectrum of regions and coverage types discuss howif at alltheir businesses are responding to the prospect of changing weather patterns.