Swiss Re 
From devastating floods in Delhi, to tropical cyclones hitting coastlines in the East and West, changing climate patterns are influencing natural disaster risks in India and beyond. Chandan Banerjee, Head of Macro Strategy at Swiss Re Group Economic & Sigma Research, highlights the urgent need for the insurance sector to analyze and address evolving risks.
Research shows there is a medium probability of hazard intensification in India due to climate change, increasing need for more scientific approaches to mitigate economic losses, both now and in the future. The risk of higher losses only grows over time, and since the insurance sector underwrites these risks, insurers play a crucial role in analyzing problems and implementing solutions.
Find out which natural disasters cause the most economic losses around the globe: https://www.swissre.com/institute/research/topics-and-risk-dialogues/climate-and-natural-catastrophe-risk/changing-climates-heat-is-still-on.html
Watch the other episodes of our 4-part series to hear Swiss Re experts break down the specifics of natural disasters and how they vary around the world:
– https://youtu.be/cihUmk53dx0
– https://youtu.be/6NJuRxFLQ4c
– https://youtu.be/5MGwY0volkk
#insurance #naturaldisaster #climatechange #india #indiaflood
source
About The Author
🇨🇭