Australian Lenders Struggling With Blind Spots In Physical Risk Data
Australia’s banks say quantifying insurance penetration in residential loans remains a hurdle to measuring their loan portfolio’s physical risk.
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Federal Climate Report Challenges Insurance Industry's Extreme Weather Risk Models
A controversial Department of Energy report questioning the scientific basis for predicting worsening extreme weather events has put the federal government at odds with insurance industry assumptions.
Climate Models Must Evolve Beyond Academia to Become Essential Business Tools
Longer range data and integration into existing economic inputs are only the first steps, experts say.