2025, Vol. 8, Issue 2

author(s)
Mahesh Mahankal, Sachin Misal, Madhura Deshpande and Ganesh Lande

abstract
This study examines the influence of climate change on insurance models and products, focusing on risk assessment, premium pricing, and product innovation. Climate-induced risks such as extreme weather events and rising sea levels have challenged traditional insurance practices, necessitating adaptation. The findings highlight the need for integrating advanced analytics, diversifying product offerings, and fostering collaboration between insurers and policymakers to address evolving risks effectively.