Using decision games and storylines, the researchers will also create models of how insurers and reinsurers would respond to different levels of climate change, now and in the future.
Making sure that insurance can be provided in the face of the impacts of climate change is critical to our daily lives.
Professor Iain Clacher, Leeds University Business School
Funded by a £1.2m grant from UK Research and Innovation (UKRI) and led by the Universities of Leeds and Oxford, this work will bring together the predicted impacts of geopolitics, climate change, and regulation in one model for the first time.
The project, Economic Early-Warning Signals of Accelerated Climate Change and Earth-System Tipping-Points, started in June 2026 and runs for two years. It aims to create an early warning system for climate impacts like flooding or droughts, to help insurers react quickly to those situations.
