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Every household deserves insurance in the era of extreme weather events
Weather-related disasters are not the only challenges homes encounter. Whether due to intentional acts, accidents, or structural wear and tear, homes are vulnerable to various risks such as theft, fire, and structural failures.
Climate change has resulted in more frequent and unpredictable weather patterns, increasing risks such as floods and droughts. Insurers are increasingly shifting their focus from solely managing individual catastrophic events to understanding and addressing the complex interactions between global climate patterns and human systems.
The insurance sector plays a critical role in supporting sustainable economic development and advancing Sustainable Development Goals by providing financial protection against climate risks and promoting resilience.
