Climate change disasters are hitting emerging markets hard. A new insurance angle can help insurers and property owners.

If you’re annoyed by rising insurance costs in Florida or California, spare a thought for earthquake survivors in Turkey or flood victims in Pakistan. Most homeowners in the developing world can’t afford natural disaster insurance — a “natcat” in industry jargon — at any price, even as climate change makes disasters more frequent and severe. …

Climate change disasters are hitting emerging markets hard. A new insurance angle can help insurers and property owners. Read More »