Applying Last Year’s Risk Lessons in the Year Ahead

The U.S. experienced a record number of billion-dollar weather and climate disasters in 2023, a year marked by climate extremes that ranged from severe convective storms to wildfires, heat waves to catastrophic floods.

The opportunity to adopt a Predict & Prevent ™ strategy is clear as the financial impacts of climate risks intensify for policyholders and insurers. This approach not only reduces claims and costs for insurers but also protects insureds from recovery stress and needless suffering.