Head of Insurance Disputes Roger Franklin has featured in an article from Insurtech Analyst discussing the shifting landscape of the insurance industry as it reacts to extreme weather events.

An extract from the article is featured below:

In the first half of 2025, natural disasters caused around $131bn in potential insurance losses globally. Only about $80bn of that was insured. What remains is an uninsured black hole larger than the GDP of Bahrain.

That gap is now becoming impossible to ignore, as the traditional balance between risk and protection is starting to slip.

Across the insurance market, extreme weather is reshaping where risk sits, how it is priced, and, increasingly, whether it can be insured at all.

To understand the intricacies behind this challenge, FinTech Global spoke with industry experts across insurance and technology to delve into why the protection gap is widening, and how insurers can respond.

A widening gap

The fundamentals of insurance are being tested by the sheer scale and volatility of climate-driven losses.

“Climate change is increasing the frequency and severity of extreme weather events,” said Roger Franklin, Head of Insurance at Edwin Coe LLP. “Economic losses from disasters are rising faster than the availability of insurance coverage.”

The result is a widening protection gap, particularly in regions where insurance penetration is already low. In many developing economies, most disaster-related losses remain uninsured.

To read the full article, visit the Insurtech Analyst website here.

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