Insurance and risk transfer

This report provides a comprehensive assessment of, among other things, Somalia's climate and disaster risk profile, the economic and financial impact of past disasters, the status of disaster risk finance (DRF) instruments.

Climate change is undermining the insurance systems American homeowners rely on to protect themselves from catastrophes. This breakdown is starting to become painfully clear as families and communities struggle to rebuild.

Among the many climate risks reshaping the world, extreme heat may pose the most profound threat to human health, infrastructure, and economic stability. The insurance industry will play a critical role in managing this escalating risk landscape.

After insurers like State Farm dropped policies, to switch to the state’s Fair plan was prohibitively pricey for many.

Catastrophic fires in Los Angeles should ring alarm bells in Australia, where global ripple effects and grim prospects of similar disasters are likely to force up insurance premiums.

This explainer investigates why homeowners’ insurance premiums are rising, what role climate change is playing, and how policymakers might respond.

As wildfires grow more destructive, including the multiple fires tearing through Los Angeles County that have destroyed over 2,000 structures and claimed at least five lives, a new study underscores the critical issue of underinsurance.

Ongoing destructive wildfires, some of most destructive in California's history, threaten to upend long-awaited reforms to the state's homeowners insurance market.