As 2024 draws to a close, we are delighted to gather for the Insurance News Analysis year-end edition.

2024 set yet another heat record. And we are looking at a fifth consecutive year of more than $100 billion of insured losses from catastrophic events linked to climate change.  We discuss how insurers are adjusting to this fundamental change in underlying risk and loss patterns and how it is impacting the products and services that they are bringing to market. We also talk about the crucial role public-private partnerships play in addressing insurability.

Likewise, there are changes in medical risk that require new models and collaboration across the industry and the public sector. As the population ages, we are seeing emerging risk of financial loss among people with undiagnosed memory loss. We discuss ways the industry can help customers protect their interests as they become more vulnerable and use employee benefits to support caregivers in the Sandwich Generation.

Finally, we talk about ways to protect your holiday packages from porch piracy. Startup, Porchpals, now offers to help online shoppers manage this risk. But what role can incumbent insurers play in this space?

With new risks and models emerging, there are exciting times ahead. Have a happy holiday season. See you again in 2025!