Climate change is fundamentally reshaping how risk is understood, assessed, and managed in the insurance sector. Extreme weather events such as floods, wildfires, heatwaves, and storms are becoming more frequent and more severe, leading to higher losses and greater uncertainty.
Traditional risk models, which rely heavily on historical data, are increasingly insufficient to capture these new dynamics. Insurers must adapt by integrating climate science, forward-looking scenarios, and sustainability considerations into their risk assessment processes. Through CLIMATIX, partners aim to support this transition by strengthening climate risk knowledge and developing modern training solutions tailored to the evolving needs of the insurance industry.
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