Climate change

Insured losses from natural catastrophes could soar to $145 billion this year as population growth, urban sprawl and climate change combine to supercharge risks, according to a report by Swiss Re Institute.

NASA, Munich Re, The Institutes and others share insights on tech like Earth Observation and Gen AI at ClimateTech Connect 2025.

Catastrophes significantly increase claim volume and severity, resulting in extended claims cycles and frustrated policyholders.

Recent wildfire updates include the Federal Housing Authority's waiving of quality-control reviews and the upheaval of the state's commercial real estate space.

The need for more granular forecasts is becoming more pressing as climate change increases the odds of extreme weather.

The energy demands of AI mean that its benefits can be negated by climate damage, troubling executives surveyed by KPMG.

Insurers resort to subrogation when they suspect that a third party is ultimately responsible for the losses. Rather than deal with the recovery risk, insurers have been selling claims on to alternative investment managers.

The National Oceanic and Atmospheric Agency is poised to eliminate most websites tied to its research division under plans for the cancellation of a cloud web services contract.

Artificial intelligence is improving the accuracy of fire forecasts made by Europe's top intergovernmental weather center.

California is emerging from its wettest time of the year with new fire and drought risks.