57 min

Risky Business: Insurance in the age of climate change Decarbonated

    • Nature

In this intriguing episode of Decarbonated, we dive into the often overlooked intersection of insurance and climate change with Rob O'Brien, the Director of Regulatory Initiatives at BC Financial Services Authority (BCFSA). With his unique blend of expertise and humour, Rob makes the seemingly dry topic of insurance a compelling listen, revealing the pivotal role it plays in our response to climate change.



We cover:


The Real Cost of Climate Change on Insurance: Understand the specifics of how climate change is not just a theoretical risk but a current issue affecting insurance policies and prices.
⁠Consumer Awareness and Adaptation: Discover practical advice from Rob on what homeowners can do to mitigate their risks and better protect their properties against the backdrop of a changing climate.
⁠Emerging Risks and Insurance: Learn how the BCFSA is navigating the complex challenges of natural catastrophes and climate change, ensuring the stability and confidence in British Columbia's financial sector while protecting consumers.



With a storied career spanning over 15 years in various governmental roles and armed with a master's degree in public policy from Simon Fraser University, Rob offers unique insights into how insurance is evolving in response to our changing world.



Links from this episode:


News Release: BCFSA Endorses CCIR Position Paper on Climate Change, Natural Catastrophes and Consumer Awareness
Advisory: BCFSA Launches Consultation on Natural Catastrophe and ClimateRelated Risks
Canadian Council of Insurance Regulators (CCIR) Position Paper on Climate Change, Natural Catastrophes and Consumer Awareness
Intact Center on Climate Adaptation

In this intriguing episode of Decarbonated, we dive into the often overlooked intersection of insurance and climate change with Rob O'Brien, the Director of Regulatory Initiatives at BC Financial Services Authority (BCFSA). With his unique blend of expertise and humour, Rob makes the seemingly dry topic of insurance a compelling listen, revealing the pivotal role it plays in our response to climate change.



We cover:


The Real Cost of Climate Change on Insurance: Understand the specifics of how climate change is not just a theoretical risk but a current issue affecting insurance policies and prices.
⁠Consumer Awareness and Adaptation: Discover practical advice from Rob on what homeowners can do to mitigate their risks and better protect their properties against the backdrop of a changing climate.
⁠Emerging Risks and Insurance: Learn how the BCFSA is navigating the complex challenges of natural catastrophes and climate change, ensuring the stability and confidence in British Columbia's financial sector while protecting consumers.



With a storied career spanning over 15 years in various governmental roles and armed with a master's degree in public policy from Simon Fraser University, Rob offers unique insights into how insurance is evolving in response to our changing world.



Links from this episode:


News Release: BCFSA Endorses CCIR Position Paper on Climate Change, Natural Catastrophes and Consumer Awareness
Advisory: BCFSA Launches Consultation on Natural Catastrophe and ClimateRelated Risks
Canadian Council of Insurance Regulators (CCIR) Position Paper on Climate Change, Natural Catastrophes and Consumer Awareness
Intact Center on Climate Adaptation

57 min