Sea level rise will cause “more frequent disruptive events”

An Insurance Business Magazine article.

The insurance sector is engaging in some hard discussions around adapting to climate change, but experts are warning that the focus needs to go beyond large scale, destructive events, and should consider some of the more gradual aspects of climate change, such as sea level rise.

According to Bell Adapt director Dr Rob Bell, who recently spoke at an IAG-hosted event on climate change adaptation, sea level rise has the potential to increase the frequency and intensity of destructive flooding and coastal erosion events – something the insurance sector will inevitably play a part in responding to. However, he said that climate change discussions need to start moving beyond ‘reacting’, and more towards preparation and planning ahead.

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