Resilience & Sustainability

While climate discussions often focus on the indirect effects of rising temperatures, such as intensifying hurricanes and wildfires, some innovators think we can write insurance covering the direct effects on people and property. 

The Mediterranean shines the spotlight on the vulnerability of food supply chains to droughts, which are predicted to become more prevalent under climate change.

ITL Editor-in-Chief Paul Carroll talks with Jordan Clark, a senior policy associate at Duke University, about his research into how the industry might insure against heat. 

Even taking the low estimate for losses and high estimate for insurance coverage, we still face $200 billion in uninsured losses from Hurricane Helene. We need to talk. 

Action is the order of the day. At the country, company, and individual levels, we need to talk less and do more. 

ITL FOCUS is a monthly initiative featuring topics related to innovation in risk management and insurance.

Insurers have the best data on where losses occur and what interventions could have prevented them, so they can play a key role in improving climate resiliency.

Hurricanes used to lose most of their power before making it as far inland as western North Carolina. But Helene wreaked havoc there. Future hurricanes may, too.