The global insurance and reinsurance industry is experiencing major transformations due to the increasing threats posed by climate risks. These changes are affecting the market dynamics and regulatory environments across the globe. As climate-related events become more frequent and severe, insurers are adapting their strategies to manage potential losses and ensure sustainability. New regulations are being introduced to enhance transparency and promote risk mitigation. This evolving landscape presents both challenges and opportunities for stakeholders within the insurance sector.
About The Author
