Japan's MS&AD to predict climate-change impact on companies

Insurer partners with US startup Jupiter to help clients with risk disclosure

20200706 wildfire australia

A wildfire burns in Australia in December 2019: Japanese insurer MS&AD will offer clients forecasts of the likelihood of damage to their businesses from natural disasters. © Getty Images

Nikkei staff writers

TOKYO - Japan's MS&AD Insurance Group Holdings will begin offering a service to analyze the risks climate change pose to companies, Nikkei has learned.

The insurer will partner with U.S. startup Jupiter, which will use its technology to help MS&AD predict the financial effect on companies of natural disasters such as floods. MS&AD aims to support companies seeking to put risk-control measures in place by providing them with detailed data.

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