BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Climate change could make insurance unaffordable: Experts

Climate change could make insurance unaffordable: Experts

Experts have said that insuring against climate change-related natural disasters could reach unaffordable levels for companies following the recent hurricanes, Bloomberg reported. "It is a big concern of Swiss Re Ltd. that there is a huge gap between the economic losses and what is insured," said Peter Zimmerli, head of atmospheric perils at Swiss Re. "Climate change fundamentally challenges the existing insurance business model because it is rendering actuary analysis in many places obsolete," said Tom Herbstein, who runs an industry backed insurance project called ClimateWise at the University of Cambridge. 

Read more.