In the U.S., between 2020 and 2024, the total cost of major weather related disasters averaged about $150 billion per year. That’s more than five times the annual average during the 1980s, even after adjusting for inflation. At the same time as they’ve gotten more costly, major disasters have become more frequent. Inevitably, increasing losses have begun to strain property insurers. In some areas, like parts of California, premiums have gone up drastically. In some markets, insurance is now o...
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In the U.S., between 2020 and 2024, the total cost of major weather related disasters averaged about $150 billion per year. That’s more than five times the annual average during the 1980s, even after adjusting for inflation. At the same time as they’ve gotten more costly, major disasters have become more frequent. Inevitably, increasing losses have begun to strain property insurers. In some areas, like parts of California, premiums have gone up drastically. In some markets, insurance is now o...
Ep. 5: Sylvia Leyva Martinez, of Wood Mackenzie, on the challenges and complexities of the solar industry’s current astronomical growth
Financial Climate
45 minutes
2 years ago
Ep. 5: Sylvia Leyva Martinez, of Wood Mackenzie, on the challenges and complexities of the solar industry’s current astronomical growth
Sylvia Leyva Martinez, an expert on utility-scale solar at Wood Mackenzie, talks about the challenges and complexities of the solar industry’s current astronomical growth.
Financial Climate
In the U.S., between 2020 and 2024, the total cost of major weather related disasters averaged about $150 billion per year. That’s more than five times the annual average during the 1980s, even after adjusting for inflation. At the same time as they’ve gotten more costly, major disasters have become more frequent. Inevitably, increasing losses have begun to strain property insurers. In some areas, like parts of California, premiums have gone up drastically. In some markets, insurance is now o...