DEMO — development content for layout testing. Not real editorial reporting.
DEMO content for development and layout testing — not real editorial reporting.
Acute risks include storms, floods and heatwaves; chronic risks include rising temperatures and sea levels that change how land can be used.
How it works
These can damage assets, disrupt production and raise insurance costs, sometimes making cover unavailable in exposed areas.
Physical climate risks range from sudden events to gradual changes, with consequences for property, supply chains and insurance.
What to watch
Financial supervisors increasingly ask banks and insurers to assess exposures through scenario analysis.
Key concepts
- Climate risk
- Insurance
