Insurance companies must deal with the financial realities of climate change. They must make quantitative decisions and translate risks into dollars. They must do it for today’s impacts and predicted future impacts. And behind the insurance companies are the reinsurance companies who act as shock absorbers to the industry on a global scale …

TRENT THOMSON: The frequency of those perils – wildfire, floods, storms – have gone up by about 450% over 30 years, for very large losses. And the severity of those events have gone up by 1,500%. And so, what's driving that? It's economic growth, it's the value of the assets. It's the urbanization, people wanting to live more in cities, around the world, and that concentration of risk ...