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Kathy Burger
Kathy Burger
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Extreme Weather in the US: Is It Climate Change or a Historical Pattern?

Devastating wildfires that have destroyed at least 347 homes in Colorado and cost more than $11 million to control. A bizarre derecho storm that killed 22 people and left 4.3 million people without electricity across 10 states. Record heat across the United States. It’s highly unusual – or is it? This summer’s extreme weather has many observers pointing to climate change and global warming as the cause; others argue it’s all part of long-term weather patterns. Either way,
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5. Insurers Must Respond Regardless

The need for climate-resilience is becoming a source of innovation and business opportunity for insurers. Combined with our traditional skills in risk-modeling and scenario building it can assist policy-makers and customers alike identify cost effective measures in their communities and plan better for future uncertainties.

— John Coomber, former CEO of Swiss Re and Chairman of ClimateWise, "Moving Beyond the Uncertainty of Climate Change Risk," an article in The ClimateWise 2012 Thought Leadership Series.

Source: ClimateWise

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio

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