Understanding Climate Risk: Challenges for Catastrophe Insurance

Climate-related disasters are becoming more frequent and severe, disrupting traditional insurance models. Unpack the latest trends in global and U.S. catastrophes—from hurricanes to hail while exploring the underlying causes like development patterns, rising costs, and climate variability. Gain insight into how the insurance is evolving to meet these challenges through innovative underwriting, pricing strategies, product redesign, and mitigation efforts. Learn what’s driving market instability and discover the role of insurers, reinsurers, and residual markets in adapting to a riskier world.