Event Description
Much of the current discussion of climate risk focuses on large-scale strategic change and public policy. However, the effects of climate change are already being seen today in essential sectors of the financial markets. Insurance and reinsurance companies are at the forefront of managing these risks, and if the insurance markets break down, it will have significant consequences for real estate and municipal financing.
This panel will talk about the impact of climate change on the insurance markets and its knock-on effects in the financial markets, how communities can make themselves more resilient and better able to finance themselves, and how insurance derivatives can be used to measure non-catastrophic events such as extreme heat waves and deep freezes.
Event Information
Free and open to the public; registration required. For more information, please visit the event webpage or contact Joshua Gleich at [email protected].
Hosted by the Enterprise Risk Management Program at Columbia University.
