How the Insurance Industry Can Push Us to Prepare for Climate Change
Harvard Business Review
AUGUST 28, 2017
First, individuals focus on short time horizons and thus underprepare for future threats. In short, the insurance industry is adapting in order to profit from climate risk, and in doing so it will help society adapt as well. But we now see insurers exploiting geographically refined data to more precisely estimate land parcel risk.
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