What’s inside… FAnews Magazine April 2024
As an industry, one of the most important topics of concern revolves around the climate change crisis and its implications, particularly the looming risk of certain regions becoming uninsurable. Climate change is affecting the insurance industry. As the climate continues to shift, insurers face increased financial risks from claims payouts. It is becoming evident that certain risks stemming from climate change are surpassing the capabilities of insurers.
The question is, how can we, as an industry, address this challenge? How do we navigate discussions with our clients on this issue? What role do we play in tackling climate change and how can we enhance resilience throughout organisations’ value chains?