Claire Parfitt

Nov 22, 2023 | phenomenalworld.org | Advait Arun |Claire Parfitt |Imaduddin Ahmed

Recent coverage of insurance markets has highlighted the industry’s involvement in the so-called “climate risk doom loop”: looming climate risks and worse disasters are raising the price of insurance for real estate and infrastructure assets, exacerbating their owners’ vulnerability to future disasters and feeding into higher insurance prices in the future―or the withdrawal of insurance coverage altogether.