In this episode, Emilie Nadler, a Director on KBRA’s ESG team speaks with Peter Giacone, Senior Managing Director, and Global Head of KBRA’s Insurance group. Peter and Emilie discuss a recent insurance headline: one of the largest home insurers in the U.S., State Farm, will stop offering new coverage in California because of increased catastrophe exposure. This news highlights the growing risks of climate change and increasingly severe weather events within the insurance sector. Peter also shares his perspective about possible longer-term trends.

Join KBRA in partnership with the Bermuda Business Development Agency (BDA) for the Bermuda Climate Summit 2023. Learn more here.

RSVP today for KBRA's private luncheon in Bermuda here.