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Using the adaptive cycle in climate-risk insurance to design resilient futures

Assessing the dynamics of resilience could help insurers and governments reduce the costs of climate-risk insurance schemes and secure future insurability in the face of an increase in extreme hydro-meteorological events related to climate change.

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Fig. 1: The adaptive cycle (ACY) applied to climate-risk insurance.


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The authors thank W. Botzen, C. Folke, B.J. Hoskins, D. Jacob, R.J.T. Klein, M. Carmona, A.K. Bhowmik and B. Steuri for suggestions and comments, and gratefully acknowledge M. Fischer-Lindenberg’s graphic support. The authors acknowledge funding by EU 7th Framework Programme through the project ENHANCE (Enhancing Risk Management Partnerships for Catastrophic Natural Hazards in Europe) under grant agreement no. 308438.

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R.C., S.S., M.M.C. and P.H. conceived the application of the adaptive cycle to climate-risk insurances. S.S., P.H., P.S. and J.G. analysed and discussed the implications for climate-risk insurance. R.C., S.S., M.M.C. and P.H. outlined and drafted the manuscript. All authors substantially reflected upon the manuscript and greatly commented on it.

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Correspondence to R. Cremades.

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Cremades, R., Surminski, S., Máñez Costa, M. et al. Using the adaptive cycle in climate-risk insurance to design resilient futures. Nature Clim Change 8, 4–7 (2018).

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