Green rebuilding and climate risk – are you ready for June 2026?
The concept of green rebuilding is rapidly moving from being seen as a niche concept for insurers, particularly in the property damage market. Traditionally, property insurance has been underpinned by the principle of indemnity, with policies designed to place the insured back into the position they were in prior to the loss, typically on a “like-for-like” basis. However, this approach is increasingly being challenged by the realities of climate change, regulatory intervention, and evolving policyholder expectations.
