Climate Resilience

with Insurance Commissioner Kreidler

The industry is seeing escalating impacts from frequency and severity of severe weather – drought, wind, floods and fires. How is the insurance industry responding, and what is your business doing to become resilient? There has been exploration into incentives for insureds to invest in ‘hardening’ their properties to resist damage. Insurers are adjusting their premium pricing models to ensure they can remain solvent and able to pay claims into the future. Commissioner Kreidler presents a unique perspective on the rising risks.