Climate Change Impact on Insurance Affordability, Availability, and Accessibility

The Climate Change Joint Committee released Climate Change Impact on Insurance Affordability, Availability, and Accessibility, a policy paper examining how climate-driven disasters are straining insurance affordability across property, flood, health, and agricultural lines. It highlights the disproportionate impact on vulnerable populations and the evolving roles of regulators and reinsurers, and outlines paths forward to support a more sustainable, accessible insurance market.