16/04/14

Q&A: Climate change and assessing financial risk

Copyright: ECHO / Jock Fistick

We encourage you to republish this article online and in print, it’s free under our creative commons attribution license, but please follow some simple guidelines:

You have to credit our authors.
You have to credit SciDev.Net — where possible include our logo with a link back to the original article.
You can simply run the first few lines of the article and then add: “Read the full article on SciDev.Net” containing a link back to the original article.
If you want to also take images published in this story you will need to confirm with the original source if you're licensed to use them.
The easiest way to get the article on your site is to embed the code below.

For more information view our media page and republishing guidelines.

The full article is available here as HTML.

Press Ctrl-C to copy

<div class="article-wrap">
<div id="article-introduction">
<h1>Q&A: Climate change and assessing financial risk</h1>
<h4></h4>
</div>
<br />
<br />

<div id="article-body">
<p><iframe loading="lazy" frameborder="no" height="450" scrolling="no" src="https://w.soundcloud.com/player/?url=https%3A//api.soundcloud.com/tracks/145000473&auto_play=false&hide_related=false&visual=true" width="100%"></iframe><br />
The growing global cost of natural disasters, including extreme weather events, has prompted the insurance sector to change how it operates.<br />
 <br />
Rowan Douglas, CEO of global analytics at insurance broker the Willis Group, spoke at a seminar this month (3 April) entitled ‘<a href="https://www.scidev.net/agriculture/">Agriculture</a> growth, jobs, <a href="https://www.scidev.net/agriculture/food-security/">food security</a> and <a href="https://www.scidev.net/environment/climate-change/">climate</a>: Taking action in response to IPCC’. He says the industry has undergone a paradigm shift over the past twenty-five years in how it assesses risk.<br />
 <br />
He is calling for an integrated approach combining science, <a href="https://www.scidev.net/governance/policy/">policy</a> and finance when modelling responses to climate change.</p>

</div>
<div class="quick-links-wrapper">
<h3>You might also like</h3>
[related-articles]
</div>
<p>This article was originally published on <a href="https://www.scidev.net" target="_blank">SciDev.Net</a>. Read the <a href="https://www.scidev.net/global/multimedia/q-a-climate-change-and-assessing-financial-risk/" target="_blank">original article</a>.</p>
<script type="text/javascript">
(function(e,t,n,r,i,s,o){e["GoogleAnalyticsObject"]=i;e[i]=e[i]||function(){(e[i].q=e[i].q||[]).push(arguments)},e[i].l=1*new Date;s=t.createElement(n),o=t.getElementsByTagName(n)[0];s.async=1;s.src=r;o.parentNode.insertBefore(s,o)})(window,document,"script","//www.google-analytics.com/ga.js","ga");var _gaq=_gaq||[];var _gaq=_gaq||[];_gaq.push(["_setAccount","UA-3223906-8"],["_trackEvent","article interaction","republished","https://www.scidev.net/global/multimedia/q-a-climate-change-and-assessing-financial-risk/",null,true])
</script>
</div>

The growing global cost of natural disasters, including extreme weather events, has prompted the insurance sector to change how it operates.

Rowan Douglas, CEO of global analytics at insurance broker the Willis Group, spoke at a seminar this month (3 April) entitled ‘Agriculture growth, jobs, food security and climate: Taking action in response to IPCC’. He says the industry has undergone a paradigm shift over the past twenty-five years in how it assesses risk.

He is calling for an integrated approach combining science, policy and finance when modelling responses to climate change.