Experience is knowing a lot of things you shouldn’t do.” William S. Knudsen

ELZUBI to QBC on Climate Change and Insurance

ELZUBI to QBC on Climate Change and Insurance

Climate change is no longer just an environmental issue; it has become a financial and insurance challenge. Every dollar invested today in prevention and adaptation can save far greater losses tomorrow.

We are witnessing a shift from the problem of post‑disaster compensation to the problem of insurability itself. If losses continue to grow at 5–7% annually, the future question will not only be how much insurers will pay, but whether insurance will remain available at a price citizens can afford.