Predict & Prevent

As climate perils intensify, insurers must innovate or risk market exodus amid mounting catastrophic losses.

With seemingly nowhere immune to natural disasters these days, carriers must communicate the risks better and spur policyholders toward resilience.

Climate change intensifies extreme weather risks in the Middle East, challenging traditional insurance models and renewable energy projects.

As climate risks intensify, insurers must evolve from damage compensation to prevention or face industry-wide collapse.

Insurance companies must evolve from safety nets to proactive leaders as climate disasters reshape risk management. Here are four ways they can.

In theory, increasing insurance premiums signals rising risk and spurs action that mitigates disasters like California's fires. In practice, climate is changing too fast, and government is being too slow.

The winners of the Global Innovation Awards, which the International Insurance Society and ITL handed out last week, suggest a revealing theme. 

Earth observation technology emerges as a crucial tool in predicting and fighting wildfires.