If insurance executives cannot see any projected value created by an environmental, social and governance policy, maybe they need to reconsider their approach, a Bermudian climate risk expert has said.
Bermuda gets some protection from hurricane storm surges from of its reefs. But coral is useless at shielding the island nation from winds. Now a study has shown that the maximum wind speed of hurricanes in the subtropical Atlantic around Bermuda has more than doubled in the last 60 years.