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

Final Day for nominations for the 2025 Actuarial Post Awards
We would like to announce, that after yet another record number of nominations for the Actuarial Post Awards that today is the final day for nominatio
The global mining insurance market is softening, fast
Excavating value in a soft market. Rates are down, coverage is broadening, and capacity is strong. But risk leaders must stay sharp. The property dama
Pension Gains: How to ‘work out’ pensions
This year’s pension attention campaign is focused on how people can strengthen their pension, and gain pounds. A light-hearted message, fronted by Ros

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.