In 2024, the planet reached a critical milestone: each of the last 10 years has been the hottest on record. For the first time, the global average temperature over a 12-month period rose ...
As the planet warms and extreme weather events become more frequent and intense, insurers are struggling to cover the resulting ballooning economic losses. The insurance sector saw net un...
Climate change poses a conundrum for the insurance industry. Extreme weather events have been occurring with heightened frequency, severity and unpredictability in recent years, upending ...