Insurance Post

Podcast: How climate change is transforming insurance

Flood Re’s Laura Evans, LexisNexis Risk Solutions’ Heikki Vesanto, Woodgate & Clark’s Glyn Brookes-Humphrey together with Insurance Post’s Scott McGee
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Climate change means the areas impacted by subsidence will double by 2050, and double again by 2080, Heikki Vesanto, manager for GIS data science at LexisNexis Risk Solutions, has warned.

In the latest Insurance Post Podcast, Vesanto said 6% of properties in Great Britain are at risk of subsidence, but that is going to increase to about 20% by 2080.

£2.5bn

In France, the

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