health π Climate change hits Asia's health and insurance gaps
Climate change is significantly reshaping health outcomes and straining healthcare systems across Asia. The annual financing gap for climate adaptation is estimated at US$3.52 billion through 2030. Asia, which is rapidly aging, faces an 88β90% disaster protection gap, the largest globally. The new report suggests insurers need to evolve their view on climate as a liability driver. It offers a framework for insurers to build resilience in operations and customer products. π₯