Insurers can no longer avoid climate change: industry pioneer
A heavy Atlantic hurricane season is ahead, warn industry players
Karen Clark, Karen Clark & Company
Using a new dataset modeller Karen Clark & Company has been crunching the numbers on what climate change means for tropical cyclones and the industry.
Climate change is no longer an uncommon, or unspoken about, subject. It is also no longer disputed, at the scientific level, that the world’s temperatures are increasing due to climate change and that accommodations need to be made in order to live with—and possibly reverse—it.
It is a subject that the insurance industry is grappling with. One organisation that has been conducting recent research in this area is Boston, Massachusetts-based catastrophe modeller Karen Clark & Company (KCC).
The company’s head and namesake spoke to Intelligent Insurer to talk about why KCC had put together this research.
Karen Clark & Company (KCC), Climate Change, Catastrophe, ESG, Risk, Insurance, Reinsurance, Karen Clark, North America, Global