The Caribbean is well acquainted with natural disasters, with a history of intense hurricanes, earthquakes and flooding impacting the region. While these risks are likely to continue, the region is also becoming increasingly exposed to heavy rain, flooding and sea level rise. Given the region’s dependence on tourism, agriculture and natural resources, understanding evolving risk is critical to safeguarding local economies.
As climate risks escalate in the region, it’s more important than ever to make informed decisions about building resilience. This report from Guy Carpenter peril advisory and modeling experts,
A Holistic Approach to Informed Risk Management in the Caribbean, describes how Guy Carpenter’s GCAT Risk Rating tools can quantify natural hazards and assess climate-induced risks in this potentially vulnerable region.