• How extreme heat affects insurance—and how the industry can respond

  • Aug 21 2023
  • Length: 25 mins
  • Podcast

How extreme heat affects insurance—and how the industry can respond

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  • Summary

  • Insurers are feeling the heat as another record-breaking summer finally cools off. In this episode of Critical Point, Milliman leaders Rich Moyer, Garrett Bradford, and Andi Shah—who have studied the impact of extreme heat from the Middle East to Europe to North Carolina—discussed the ramifications on property, workers’ compensation, health, and other types of insurance. They also talk about data, including available sources for measuring heat risk now, and the data they would like to see to help measure the future effects of a warming planet.

    You can read the episode transcript on our website.
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Economics
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