Articles - IFoA sustainability series on opportunities for insurers


Insurers must be careful not to underestimate the true threat of climate change. Because its effects are systemic, climate risk is likely to stress local economies and-more grimly-cause market failures that affect both consumers and insurers. More frequent catastrophic events, in combination with the need to meet evolving regulatory requirements, will inevitably threaten business models-and make insuring some risk unaffordable for customers or unfeasible for insurers. Customers, regulators and the wider society that the industry serves are therefore likely to demand that insurance solutions go beyond traditional risk transfer to explicitly address risk mitigation.

 

Back to Index


Similar News to this Story

The power of compound growth
We know about it, we talk about it all the time (at least in the retirement savings world!) but because of the way our brains are wired and the mental
It’s the I of the RR
There are a lot of ways IRRs can be manipulated – for instance by using subscription lines – and its important investors know about these. It’s import
Your organization is investing in AI, where’s the value?
Most organizations are investing heavily in AI but not realizing its full value. Real impact depends on whether people adopt new ways of working and w

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.