Wildfires and floods are forcing insurers to redraw risk maps across continents as climate change fundamentally alters the landscape of property insurance coverage and pricing.

Some regions are seeing 300% premium increases while others become uninsurable as traditional actuarial models fail to predict the frequency and severity of climate-related disasters in our rapidly changing world.

New parametric insurance models offer hope for climate-vulnerable communities by providing rapid payouts based on measurable weather events rather than traditional damage assessments, potentially revolutionizing disaster recovery.