More open sources of data and common standards for models will enhance our understanding of the potential implications of climate transition decisions.||I’ve spent my entire career trying to develop and improve catastrophe and weather-related models and analytics. So, from a personal perspective, if there’s one thought among many others that I would like to get across, it’s a sense of the opportunity to enhance decisions linked to climate risk mitigation and resilience if we use our ever-improving scientific understanding and modeling capabilities wisely.

Insurers have massive databases from simulation models and satellites when it comes to weather and climate. The problem is figuring out how to use them to their full potential...