Climate resilience in insurance refers to the capacity of communities, businesses, and systems to withstand and recover from climate‑related shocks, supported by both risk transfer and risk reduction measures. Insurers are moving beyond traditional covers to offer parametric solutions, risk‑engineering services, and incentives for mitigation investments, such as flood defences or wildfire‑resistant construction. Embedding climate resilience into underwriting, portfolio steering, and product design helps manage accumulation risk, meet stakeholder expectations, and support the transition to a more sustainable economy.
