Study highlights role of insurance and reinsurance in mitigating financial burden due to weather-related events
A new study, the Resilient Cities Index, conducted by Tokio Marine Group and Economist Impact, highlights the lack of infrastructure and effective environmental policies in cities worldwide to address the growing impacts of climate change. The study emphasizes the crucial role of insurance and reinsurance in mitigating the financial burden on individuals and businesses due to climate-related events.
One significant issue identified is th