As 2024 draws to a close, we are excited to come together for the year-end edition of Insurance News Analysis.
2024 set another heat record. And we are facing our fifth consecutive year of over $100 billion in insured losses from catastrophic events related to climate change. We discuss how insurers are adapting to this fundamental shift in underlying risk and claims patterns and how this is impacting the products and services they bring to market. We also talk about the critical role that public-private partnerships play in improving insurability.
Likewise, there are changes in medical risk that require new models and collaboration across industry and the public sector. As the population ages, we see people at increasing risk of financial loss as they age undetected memory loss. We discuss how the industry can help clients protect their interests as they become increasingly vulnerable and use employee benefits to support carers in the sandwich generation.
Finally, we’ll talk about ways to protect your vacation packages from porch piracy. startup, Porchpalsis now offering online shoppers to manage this risk. But what role can established insurers play in this area?
With the emergence of new risks and models, exciting times lie ahead. I wish you a wonderful Christmas time. See you again in 2025!
