- Global property insurers are facing market reassessment due to increasing extreme weather losses, leading to premium hikes and withdrawals driven by climate risk.
- Meteorological data from institutions like Colorado State University is now being used to assess how climate trends are impacting the global insurance industry and its profits.
Advanced forecasting is now validating automated insurance payouts within the parametric insurance market.
1 report, 1 independent
Updated Aug 27
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What happened
Advanced forecasting is now validating automated insurance payouts within the parametric insurance market.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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American Meteorological Society
American non-profit and society