Why Climate Change Should Take More Real Estate in Industry Conversations

As a provider of data-driven insurance solutions, CoreLogic knows that damages from extreme weather events are stressful and expensive for everyone involved.

While repairing catastrophic property damage has never been simple, it is no secret that the magnitude — and the costs — of these events is expanding due to climate change. To ensure that owners can recover from these devastating natural catastrophes, the insurance industry requires the participation of insurers, reinsurers and sovereign governments. However, there is another segment of people who are invested in the outcomes of climate change: those who are involved with the insurance-linked securities (ILS) market. 

To learn more about how the ILS market is intended to support the compensation of economic losses that result from extreme weather events, Host Maiclaire Bolton Smith sits down with Kent David, a senior leader in analytics consulting at CoreLogic to answer some questions such as what are these securities? How do catastrophe bonds work? And how are investors hedging their bets against climate change by investing in this market?