Why insurance is becoming central to climate risk conversations

In this episode of the All Things Sustainable podcast, we’re examining the role insurance plays in helping stakeholders understand and adapt to the physical risks of climate change.  

We speak to Rowan Douglas, CEO of Climate Risk & Resilience at global insurance group Howden. He explains how the insurance industry’s approach to climate change has evolved over decades to better understand future risks. He says the insurance sector is front and center in conversations about climate impacts because insurance gives financial institutions and investors an economic guide for risk. 

"There's a recognition that insurance is absolutely essential to allow credit and investment to flow with confidence,” he says. 

Rowan also addresses the importance of breaking down barriers in climate conversations, including how climate and nature intersect and the need for collaboration between the financial community and scientists, .css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}