Foreword

Climate change is reshaping risk landscapes across the world. Extreme weather events, slow-onset climate stress, and increasing volatility are placing unprecedented pressure on households, businesses, governments, and financial systems. For the insurance sector, these developments present both a profound challenge and a critical opportunity.

Insurance has long played a central role in managing uncertainty and supporting recovery after loss. In the context of climate change, its role is evolving beyond traditional indemnification to become a strategic tool for resilience, fiscal stability, and sustainable development. Climate Risk Insurance now sits at the intersection of climate science, data analytics, disaster risk finance, public policy, and financial markets.

The Executive Certificate in Climate Risk Insurance has been developed in response to this evolving reality. It is designed to equip professionals with the knowledge and judgement required to understand climate risk, translate it into insurable and financeable forms, and design effective insurance and risk transfer solutions across public and private sectors.

This programme adopts a global perspective, drawing on international best practice in climate risk assessment, insurance, and disaster risk finance. At the same time, it is grounded in the practical realities of emerging and climate-vulnerable markets, where data limitations, fiscal constraints, and institutional complexity are common. By doing so, it reflects a core principle of modern climate insurance practice: solutions must be technically sound, yet adaptable to real-world conditions.