How Climate Change and Technological Advances Are Reshaping the Insurance Industry
The insurance industry of today is reaching a tipping point – past which two factors will force it to reshape: climate change and technology. Climate change is bringing reinvention to the way the industry invests – largely in fossil fuels – and its underwriting responsibilities. The manner in which insurance companies deal with both of these fronts is thus expected to drastically change in the coming years. Q3 2021 hedge fund letters, conferences and more Technological advancement is the second factor reshaping the insurance industry, though in a radically different way to that of climate chan...