Climate change causes insurers to rethink price of risk after hurricane Sandy
Description
The insurance industry looks at historical data, old and new, in order to assess the risk for potential disasters and put a price on premiums. But when Sandy hit the Northeast, some insurance companies reconsidered if they priced insurance high enough for the greater risks brought on by climate change.
Runtime
8 min
Series
Subjects
Geography
Genre
Date of Publication
2012
Database
Alexander Street
Direct Link
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