2023 was another record-breaking year of insured losses from natural catastrophes across the U.S. We will explore how environmental and socioeconomic factors have led to increased loss volatility from natural perils as well as take a deeper look at the financial impact that increased volatility has had on the insurance industry over the past decade.
Learning Objectives:
Demonstrate an understanding of the financial impacts of 2023 natural catastrophes on the insurance industry
Establish a foundational knowledge of environmental and socioeconomic factors contributing to loss volatility.
Describe the fingerprints of climate change and how they impact weather volatility