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S5 Ep. 5

Beyond Curious with LCP: How climate risk is reshaping insurance

Insurance consulting Energy transition Climate change Population 2050

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This week, Nigel Timperley talks to Jessica Snowball about how climate change is reshaping the fundamentals of insurance and why insurers are often the first to see risk materialising. 

From physical climate impacts to transition and liability risks, the conversation explores how pricing, coverage and availability of insurance are changing, and what that means for businesses, households and policymakers.

The episode covers:

  • How climate impacts are already changing claims, premiums, and coverage decisions
  • Why policy certainty matters if insurers and investors are to plan for the long term
  • The risk of protection gaps emerging for households, businesses, and communities
  • Whether insurance can move from paying for losses to helping prevent them

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