Climate Rising
How Insurance Companies are Addressing Climate Risks
Apr 10, 2024
Claudine Blamey from Aviva discusses how climate change impacts insurance companies with transition and physical risks, innovative insurance products like parametric and catastrophe insurance, and the need for proactive measures and climate modeling for effective risk management.
37:18
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Insurance companies are adapting to climate risks by innovating insurance products like parametric and catastrophe insurance.
- Aviva emphasizes proactive strategies, scenario analysis, and public-private partnerships to address climate risks in insurance.
Deep dives
Aviva's Engagement with Climate Change Risks
Aviva, as a prominent insurance company in the UK, has shifted focus towards addressing heat as a significant climate risk beyond flooding. With commitments to achieving net zero operations and investments, Aviva emphasizes proactive strategies like setting targets, developing innovative products, and aligning with regulatory policies to navigate the challenges of the green transition.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
