This case study examines the challenges organizations face when assessing climate-related risk using traditional, backward-looking catastrophe models. As climate patterns evolve and insurers increasingly rely on forward-looking assumptions, historical loss data alone may fail to identify emerging exposures, hidden concentrations of risk, and long-term vulnerabilities.

This case study examines the challenges of managing insurance across multiple jurisdictions, where differing regulations, policy wordings, and compliance requirements can lead to fragmented coverage, administrative complexity, and limited visibility into global risk.