Articles - Uninsurable Future Climate Change and UK Risk


As climate change progresses, insurers face increasing challenges that will alter the insurability landscape, driving innovation and a more holistic view of risk. Describe the connection between climate change and the increasing frequency of extreme weather events that are contributing to rising uninsurability in the UK. Explain the challenges faced by the insurance industry in providing coverage for high-risk areas impacted by climate change. Summarise the socio-economic consequences of uninsurability for individuals, businesses, and the broader UK economy. List potential policy measures and innovative approaches, such as parametric insurance, that can address gaps in traditional insurance coverage caused by climate change.

 

Back to Index


Similar News to this Story

How to unlock true value from workplace pensions
Workplace pensions are one of employers’ most powerful tools to support their people’s financial wellbeing, engagement and long-term retention. But
Engagement - the underused risk management tool
Defined contribution pension schemes are seen as low risk for employers, but if staff don’t understand and appreciate them, the risks can add up. With
Preparing for a Budget clampdown on pension salary sacrifice
Our experts crunch the numbers and assess what a UK Budget clampdown on pension salary sacrifice might mean for employers and employees. On 8 November

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.