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ARTICLE · 26 JULY 2022

Rewriting the risk: Addressing the challenge of climate change

Kennedys
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Insurance industry has a central role in building understanding about climate-related risks & in mitigating against those risks.

AustraliaInsurance
Denise Eastlake
Denise Eastlake
Ingrid Hobbs
Ingrid Hobbs
Ann Dingemans
Ann Dingemans
Beth O'Connor
Beth O'Connor
Eric Scheiner
Eric Scheiner
Emily Schneider
Emily Schneider
Carole Vernon
Carole Vernon
Robert Welfare
Robert Welfare
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Our latest global report finds that the insurance industry has a central role in building wider understanding about climate-related risks and in mitigating against those risks. It canvasses the views of insurance industry experts and citizens from a wide range of markets to explore four key issues:

  • The impact of climate change on insurers
  • How to mobilise insurance markets to mitigate climate risks
  • Value chain risk arising from climate risk
  • The growing trend of climate litigation risk.

Filling the data gaps, improving the data quality, and ensuring much more comprehensive levels of corporate climate disclosures across all enterprises of all sizes is a vital step in ensuring that underwriters can price climate risks effectively.

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