Christopher Klein, Head of Global Business Intelligence Contact As the debate on climate change has progressed, the (re)insurance industry has not stood by as mere observers. Although agreement on the issue is far from universal, the matter is being addressed, including an adjustment to catastrophe modeling, the creation of new (re)insurance products, and the construction of ... Continue Reading »
climate change
Climate Change, Part III: Liabilities Heating Up
Christopher Klein, Head of Global Business Intelligence Contact Whether it is a matter of calculating the potential catastrophic loss due to increased storm activity or the hurt caused in court, the potential liability of climate change is a threat for the (re)insurance industry to consider. It's not just the rising temperatures but the climate change debate itself that has ... Continue Reading »
Climate Change, Part II: What a Warmer World Could Mean
Christopher Klein, Head of Global Business Intelligence Contact The scientific debate wrestles over both causation and existence of climate change. Putting aside any particular political stance, it behooves carriers to examine what could happen should the world indeed be getting warmer. Without getting wrapped up in scare tactics or predictions of worst-case scenarios, the ... Continue Reading »
Climate Change, Part I: A Contested Point You Need to Understand
Christopher Klein, Head of Global Business Intelligence Contact Climate change is happening. Or is it? It is caused by human action. Or is it? The arguments are bantered back and forth in a crossfire of disagreement over an issue that holds political, social, and emotional significance around the world. For every position there are sympathetic experts willing to present ... Continue Reading »
Prevent Soil Swells from Eroding Capital
Dr. Rebecca Cheetham, Instrat® Contact Shifting ground can move your portfolio. Subsidence, the damage caused to buildings due to ground movement resulting from the presence of expansive clay soils, can lead to costly claims that may not be expected. A subsidence problem can take years to materialize, which makes careful risk modeling incredibly valuable. Refining a sense of ... Continue Reading »
Climate Change: A Debate Reshapes (Re)insurance
By David Priebe, Chairman of Global Client Development Contact The climate change debate is likely to continue unabated well into the future. Even if it is not settled anytime soon, the debate itself has already begun to affect the (re)insurance industry. Risk-bearers deal in probability routinely, making climate change another likelihood to consider. In this manner, it has ... Continue Reading »
