Episode

Climate Risk and Insurance - Raghavendra Rau

Podcast
Gresham College Lectures
Published
Mar 3, 2026
Duration seconds
3589
Processing state
processed
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https://www.buzzsprout.com/1904814/episodes/18782285-climate-risk-and-insurance-raghavendra-rau.mp3
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https://www.buzzsprout.com/1904814/episodes/18782285-climate-risk-and-insurance-raghavendra-rau.mp3
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Markdown
/podcast/gresham-college-lectures-4610199/climate-risk-and-insurance-raghavendra-rau.md

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Summary

Watch the Q&A session here: https://youtu.be/Hwl0YRRaHgE Why did coastal homeowners lose insurance while UK energy bills spiked after Russia’s invasion? Because risks started moving together. In this lecture, I show how climate extremes and geopolitics create synchronized shocks that overwhelm insurers and energy suppliers, pushing up premiums and bills. I discuss the basics of risk pooling, why it breaks under correlation, and what realistic fixes look like—from parametric policies and ...