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Evolving Geo-Risk Research

Climate change and new severe-weather patterns pose challenges

Climate change and new severe-weather patterns pose challenges for insurers, reinsurers and society itself. The need to understand and respond to the risks ahead places increasing importance on the evolving discipline of geo-risk research.

Throughout history, people have strived to better understand natural catastrophes. Yet significant improvements in prediction remained elusive until the advent of technological advances in the 20th century.

Meteorologists, for example, began using aerial observation and satellite imagery to forecast weather, while seismologists developed sophisticated instruments for measuring the earth's movements. Today, more than ever, growing frequency and severity of weather-related loss events highlight the need for geo-risk research.

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