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.
1 report, 1 independent
Updated Jul 10
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What happened
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.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Advanced forecasting is now validating automated insurance payouts within the parametric insurance market.Sub-event
Meteorological data is affecting global insurance profits, linking climate science to financial market realities.1 source
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The entities involved
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Europe
terrestrial continent located in north-western Eurasia
Related events
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- Morningstar DBRS monitors economic impacts and assesses creditworthiness due to climate risks in Europe.
- Heatwaves are causing increased claims and rising costs for the insurance industry in Europe.