Tag Archives: perilous

Big insurers brace for perilous future as climate risks escalate

After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get its act together if it wants to survive climate change. Insuring against weather natural disasters could reach unaffordable levels for households and companies, while the potential damage is so unpredictable it may be impossible to model—an unacceptable risk to insurers. ... Read More »