The financial costs and impacts of climate change

Joining Moody’s and McKinsey in a virtual round table discussion is an opportunity for participants to delve into the realm of assessing physical risks to their tangible asset portfolios. By engaging in this dialogue, the attending teams can effectively appraise potential financial losses resulting from damages and operational interruptions. Moreover, the conversation will encompass the shifting landscape of insurance feasibility due to the influences of climate change.

The forthcoming one-hour online seminar will delve into the specificities of certain markets where climate change-driven incidents like hurricanes, floods, and wildfires are progressively inflicting more extensive harm and business disturbances. Noteworthy experts from McKinsey and Moody’s will collaborate to present a case study centred on evaluating risks within a portfolio belonging to a US-based bank. Through this illustration, attendees will gain valuable insights to facilitate informed decision-making concerning conceivable financial ramifications linked to tangible assets. Additionally, the discourse will touch upon credit implications and the evolving perspectives on the feasibility of insurance, which are undergoing transformation as a result of the impacts of climate change.