Weather and Climate Change Risk

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

Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes.

Though microinsurance coverage increased in the last three years, there is an 88% protection gap, according to Microinsurance Network report.

California's insurer of last resort is careening toward another hot and dry summer with its coffers already strained. That's raising the prospect that state residents will need to pick up the bill for more funds.

The global insurance protection gap was last estimated at $1.8 trillion, according to SAS.

Increasing weather-related risks and costs combined with companies pulling out of some states, is affecting the remaining carriers and state insurers.

Though consumers are open to the use of AI in severe weather risk monitoring, trust and transparency is key, according to a 2025 Insurity report.

Earlier this week, NOAA scientists and staff were told to log and clear all international contacts and communication, according to internal communications seen by Bloomberg News.

The California-based insurtech uses AI-powered models and property-specific data to address all perils, including wildfire, severe convective storms and non-weather water.

Insights from Clyde & Co, Climate X and Innsure.