Moody's Talks - Inside Economics cover image

Fires and Floods with Firas Saleh

Moody's Talks - Inside Economics

CHAPTER

Insurance Challenges Amid Climate Change

This chapter explores the growing challenges faced by the insurance industry due to the increasing frequency and severity of natural disasters like wildfires and hurricanes. It discusses the financial impact of these disasters, highlighting significant insured losses and the regulatory constraints faced by insurers in adjusting premiums. The conversation also delves into the relationship between climate change and insurance risk, examining government-backed insurance plans as potential solutions for affected homeowners.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner