The impact of climate change has the potential to increase hurricane losses in the U.S. by at least 10% over two decades in certain scenarios, according to insurance and reinsurance broker Aon’s work with Columbia University.
New insights provided by Aon’s academic collaborations aim to progress climate science, enhance catastrophe models leveraged by the re/insurance and insurance-linked securities (ILS) markets, while at the same time assist organisations working to meet ESG mandates.
